Ck with the lender .. if the Reverse Mtg is an FHA loan.. you can buy if for 95% of current market value.. even though the loan is more on the reverse.
Reverse mortgages are designed to be called due if the party who the loan was made to left the home as their primary home for more than a certain period of time. In your case mom passed away.. the lender is required to call the loan due.. you can buy it.
Pls consult an attorney and a reverse mtg specialists
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