Foreclosure property on a reverse mortgage?

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    • July 8, 2011 at 2:38 pm #226994
      Anonymous
      Inactive

      Does anyone have any experience with buying a home that is a foreclosure from a reverse mortgage?* We are looking at a property that is going into foreclosure because the owner had a reverse mortgage, and she is no longer living in the home.* We are going to try to Farm Service Agency funding to buy this as it is a farm.* I am just wondering if this gets hairy because of the foreclosure and it being*a reverse mortgage,

      *

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