[WSBARP] Reverse Mortgage Foreclosure

[Rusty McGuire]

Members,

I have run into an old client who just got evicted under an unlawful detainer after a reverse mortgage foreclosure.  He was too embarrassed to talk about it but apparently when it went down he was in such disbelief that when the Sherriff removed him he finally became aware it was real.  LiveWell financial claimed the house was in disrepair and he refused to repair and so they went through the process.  The problem is that I have been to the home and there is nothing that even comes close to disrepair.  They told him he needed to paint the concrete foundation which has never been done in the past or even on my own home.  This case is sad and I would like to know if anyone else has had this happen to clients.

Rusty

L.R. "RUSTY" McGUIRE
PRINCIPAL
[Description: Description: 2nd attempt smaller CMD logo]
P.O. Box 1187
503 Morgan Street
Davenport, WA 99122
Phone: (509) 725-4100 Fax (509) 725-4108
Email: rmcguire at cmd-lawfirm.com<mailto:rmcguire at cmd-lawfirm.com>
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