reverseway.com— Reverse mortgages are becoming very popular amongst seniors. This lists the pros and cons as well as what's required.
Jun 14, 2007View in Crawl 4
bbrgreen is right, depending on how early they get the loan you could end up not having anything left after the loan is paid off. I'd be weary to have it done at such an early year of 62.
jbzdJun 14, 2007
My uncle is doing this in a few yrs, I'll send it to him.
bbrgreenJun 14, 2007Submitter
Remember that if he does that... you'll inherit less of the estate :)
sbskater10Jun 14, 2007
bbrgreen is right, depending on how early they get the loan you could end up not having anything left after the loan is paid off. I'd be weary to have it done at such an early year of 62.