Why does a reverse mortgage have a recorded value of 366,000 on a home that was appraised at 250,000 at the time the reverse mortgage was initiated? How is this amount calculated?
Asked on 10/01/13, 7:02 am
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
Well have you asked the peop;le who calculated this number?
{John}
Answered on 10/01/13, 7:08 am
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