My late father was a reverse mortgage – the amount owed is less than the value of the property?
I want to repay a mortgage on the reverse mortgage. Should I take a mortgage on property value or simply that due to the reverse mortgage? I am 1 of 3 heirs, and we are the division of property equally. But the only asset of the house. So my question is should I take a loan to the value of the home for their heirs may be 3rd?