list price for the home is 159,900. The home is in need of a tremendous amount of work. I offered the reverse mortagae holder (bank) (through my realtor) 100,000 cash AS IS. It's been a week and still no word. How can the decedent owe more than the home is worth? Is the reverse mortgage company in the wrong for lending him more than actual value? What do you think are my chances are of getting the home are? T in New Jersey
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