COSA Conservation Easements and Reverse Mortgages

Posted

Collogues,

I hope this finds you all well. I have run into an interesting financial situation with a landowner. I am in discussions with a landowner about placing a conservation easement on their property that currently has a reverse mortgage. I am interested to hear from you if you have run into this situation and how did you and the landowner satisfy the mortgage lender while successfully placing the conservation easement?

Any thoughts are appreciated.

Take care,

Dave

………………

dave myers / Land Conservation Manager

City of Fort Collins Natural Areas Department

P.O.Box 580, Fort Collins, CO 80522

970.224.6170

dmyers

www.fcgov.com/naturalareas