“Your Trusted Home Buyer REI Branded Home Buyer”
Can You Sell a House With a Reverse Mortgage in Tacoma, WA?
Yes — you can sell a house with a reverse mortgage. But there’s a timeline, and if you wait too long, it can spiral into default.
At REI Branded Home Buyer, we help seniors, families, and heirs in Tacoma sell properties tied to reverse mortgages — even if the homeowner has passed away, the loan has matured, or the house needs repairs.
🏦 What Is a Reverse Mortgage?
A reverse mortgage (often a Home Equity Conversion Mortgage, or HECM) lets homeowners borrow against their home’s equity — no monthly payments required.
But when the borrower:
- Moves out
- Passes away
- Sells the home
- Or defaults on taxes or insurance
…the loan becomes due in full.
⚠️ What Happens If You Don’t Sell in Time?
- The lender issues a due and payable notice
- Heirs may have 30–90 days to respond
- If not resolved, the home goes into foreclosure
- You risk losing all equity or estate inheritance
▶️ FHA – Reverse Mortgage Rules
▶️ Mortgage Assumption Overview
✅ How We Help With Reverse Mortgage Sales in Tacoma
We’ll work with the loan servicer, title company, and any heirs or attorneys to:
- Get payoff amounts quickly
- Submit paperwork to pause foreclosure, if necessary
- Purchase the home as-is, even if it’s vacant or damaged
- Help heirs walk away with remaining equity, fast
- Avoid the need for costly repairs or probate delays
📍 Tacoma Areas Where We’ve Bought Reverse Mortgage Homes
- Hilltop – Elderly homeowners who passed away in care
- South End – Family homes left vacant after medical transitions
- Eastside – Reverse mortgage properties with city liens
- North End – Homes with foundation issues that heirs couldn’t sell traditionally
🔗 Helpful Resources for Reverse Mortgage Situations
- HUD Reverse Mortgage Overview
- Washington Dept. of Revenue – Estate and Inheritance Tax
- Probate Process – WA Courts
- Quitclaim Deeds
- Real Property & Title Transfer
💬 Tacoma Example: How We Helped
A North Tacoma homeowner passed away with a reverse mortgage balance of $125,000. The home needed $40k in repairs. The daughter lived out of state and had 60 days to act.
REI Branded stepped in, got the payoff, closed in 10 days, and put $35,000 into the family’s hands — all without agents, showings, or legal stress.
📧 info@reibrandedhomebuyer.com
🌐 Tacoma Buyer Page
👉 Click here to request a fair cash offer on a reverse mortgage home.
Disclaimer:
This blog post is for informational purposes only and does not constitute legal, financial, or real estate advice. Always consult with appropriate professionals before making any decisions regarding the sale of your property.
Sell Your Tacoma Washington House Fast Today
About REI Branded Home Buyer
Real People. Real Stories. Real Solutions. We’re George and TJ — two regular guys who teamed up to create REI Branded Home Buyer, a local company with one simple mission: to help people sell their homes without stress, games, or pressure. We actually met at a local real estate meetup. A mutual friend randomly shouted, “Hey George, do you want to be this guy’s mentor?” George laughed and said, “Just give him my cell!” A coffee meeting later, and the rest is history. We've been working together ever since. Our passion for helping homeowners comes from personal experience. George was once homeless, so he deeply understands what it’s like to face housing uncertainty. TJ’s family went through a crisis and had to sell their home fast — with the help of a cash homebuyer. Those experiences shaped who we are and inspired us to create a company that treats people the way we wish we’d been treated. Let’s be real: the real estate world is full of shady companies, pushy salespeople, and sleazy homebuyers who care more about profit than people. We started REI Branded Home Buyer because we believe it should be the other way around — people first, profit second. We’re proud to call Spokane home. Our wives, Jenny and Michelle, love the slower pace of life here and all the outdoor beauty Washington has to offer. George and Jenny have two amazing daughters and two dogs — they love to travel and recently visited Japan to see their daughter abroad. TJ and Michelle are outdoor lovers through and through — backpacking, hiking, hunting, fishing, even rock climbing. Michelle’s become quite the mountaineer! If you’re thinking about selling a house — no matter the reason — we’d love to hear your story and see how we can help.