Out of Foreclosure

Friday morning I had the privilege of making someone very happy. We closed on a reverse mortgage and removed him from foreclosure! Michael was about to lose his home in August, but a Realtor friend realized that he had quite a bit of equity. We had some negotiation with the lender to get them to take a bit less that was owed, but, in the end everyone is happy. The 1st and particularly the 2nd lender got their money and Michael gets to keep his home.