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Old 03-04-2015, 03:33 PM
 
33,031 posts, read 23,723,390 times
Reputation: 8987

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Quote:
Originally Posted by oregonwoodsmoke View Post
How did you find that out? The mortgage company will not give you any financial information about your landlord. The landlord's insurance company, who knows who the mortgage company is, will not give you any financial information about your landlord. The county tax collector does not know who has the mortgage,.

An escrow company won't tell you. When I sell, I have to give the escrow written permission to contact my mortgage company and there is a form I sign, giving the mortgage company permission to give the balance to the escrow company.

If you have been opening the landlord's mail, that is a federal offense, and I suggest that you both stop doing that and stop telling people you have done it.

There is no LAW that says a property owner can not rent out a place with a reverse mortgage. The landlord might have a contract with the mortgage company that says he can't.

If you want out, get out your lease and see what it says about buying out your ease. Follow what is given in the lease, and off you go, to your new residence.

If anyone holds a mortgage, it has been recorded and can be looked up.
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Old 06-29-2016, 12:38 PM
 
2 posts, read 1,340 times
Reputation: 10
I am living in the house with the person that has a reverse mortgage. I rent 2 rooms in the house for me and my 9 year old daughter. I just payed the rent for 2 months today.And now I am getting told that he's going to move in with 1of his kids and I just got to go after the check was cashed at his bank.So now I have to go and he will not give me back the money back that I just payed.So now I have no clue what to do.
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Old 11-20-2016, 03:17 PM
 
1 posts, read 472 times
Reputation: 11
How long can a daughter stay when parent dies with a reverse mortgage
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Old 11-20-2016, 04:08 PM
 
33,031 posts, read 23,723,390 times
Reputation: 8987
Quote:
Originally Posted by oregonwoodsmoke View Post
How did you find that out? The mortgage company will not give you any financial information about your landlord. The landlord's insurance company, who knows who the mortgage company is, will not give you any financial information about your landlord. The county tax collector does not know who has the mortgage,.

An escrow company won't tell you. When I sell, I have to give the escrow written permission to contact my mortgage company and there is a form I sign, giving the mortgage company permission to give the balance to the escrow company.

If you have been opening the landlord's mail, that is a federal offense, and I suggest that you both stop doing that and stop telling people you have done it.

There is no LAW that says a property owner can not rent out a place with a reverse mortgage. The landlord might have a contract with the mortgage company that says he can't.

If you want out, get out your lease and see what it says about buying out your ease. Follow what is given in the lease, and off you go, to your new residence.

If the mortgage has been recorded, isn't there a public record of it?
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