Reversal of Fortune: The Mortgage Mistake That Could Cost One Woman Her Longtime Home

Welcome to Loss Realty Group! For more than 50 years, the Loss family has practiced what they preach about real estate – represent the client and re-earn your reputation every day through honesty, hard work and attention to detail. That’s the spirit that guides the Loss Realty Group, and it is the essence of the true teamwork that lets us make a difference for you.

The post Reversal of Fortune: The Mortgage Mistake That Could Cost One Woman Her Longtime Home appeared first on Real Estate News & Insights | realtor.com. Written by Mary shanklin april 16, 2019

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 · It has not yet popped, but it is going to in bubble areas – not a collapse, but a serious reversal of fortune. The dreams of easy wealth are going to fly away, as usual, for people who could have sold but hold on as the market falls, always planning to sell “when the market comes back up.” I have explained this process elsewhere.

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Reversal of Fortune: The Mortgage Mistake That Could Cost One Woman Her Longtime Home – Voss’ husband had taken out a home equity conversion mortgage, as the federally backed loans are called. But the loans must be paid off before the owners named on the deed sell their residence,

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Reversal of Fortune: The Mortgage Mistake That Could Cost One Woman Her Longtime Home Despite having worked for decades in the real estate industry, Sharon Voss

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