My Polka Dot Apron

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June 2, 2022 2:43 am  #1


Never use a reverse mortgage

These are all the facts they DON'T tell you in a 60 second commercial.  https://cdn.boardhost.com/emoticons2/scared.png


https://dumbwealth.com/2020/09/07/what-is-the-true-cost-of-a-reverse-mortgage/

You could end up paying almost double what you house is worth NOW, but if housing values fall, you'll be stuck anyway.  Somehow, that simply does not appeal to me.  To those who probably know better by now, I bet they're wishing they'd known some of this information beforehand. 

Read and learn.
 


A government which robs Peter to
pay Paul can always depend on
the support of Paul.
-- George Bernard Shaw
 

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