Reverse Mortgages — Read the Fine Print
Reverse Mortgages are hailed as wonderful financial rewards for many seniors who have substantial equity in their homes. But nothing is perfect and these loans — yes, loans — have to be repaid. You can’t simply sign up and relax on the golf course for years to come, as many T.V. commercials suggest. Reverse mortgages have drawbacks that you need to know about. Read the article here:
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