A friend of the family has a reverse mortgage. He has gotten to the point he can’t live alone, but is being told he has to remain in the house for the rest of his life or he will have to return the money they gave him. Is that true. Is there an out? He just doesn’t have the money they want.
I am not so sure it’s easy as selling it even in a quick sale. He should be moving ASAP and from what he says, the house is in disrepair.