If the loan balance is less than the market value of the home when sold, you or your heirs keep the additional equity in the home. (reversemortgages.com)
This can often be significantly lower than the market value of your home and over insuring your property can result in an inflated premium. (aig.ie)
I have a wholesale opportunity where I have negotiated the sale price down much lower than market value due to a motivated seller who just wants to get rid of the property. (biggerpockets.com)