{"id":84,"date":"2011-11-16T05:49:55","date_gmt":"2011-11-16T05:49:55","guid":{"rendered":"http:\/\/5612512859.swiftwebdesigner.com\/?p=84"},"modified":"2011-11-16T05:49:55","modified_gmt":"2011-11-16T05:49:55","slug":"am-i-giving-my-home-to-the-bank","status":"publish","type":"post","link":"https:\/\/ocreverse.com\/webadmin\/am-i-giving-my-home-to-the-bank","title":{"rendered":"Am I giving my home to the bank?"},"content":{"rendered":"
No. You own your home and retain title throughout the life of a reverse mortgage. Even if the money runs out, you can stay in your home as long as you wish, provided the property remains your primary residence.<\/p>\n
Just as a conventional (aka “forward”) mortgage, you are responsible for homeowner’s insurance and property taxes, and for maintaining the condition of your home.<\/p>\n","protected":false},"excerpt":{"rendered":"
No. You own your home and retain title throughout the life of a reverse mortgage. Even if the money runs out, you can stay in your home as long as you wish, provided the property remains your primary residence. Just as a conventional (aka “forward”) mortgage, you are responsible for homeowner’s insurance and property taxes, …<\/p>\n