Archive for December, 2007
Pros and Cons of Reverse Mortgages
Pros and Cons of Reverse Mortgages, Your house is paid off. Should it now pay you? Julian and Jo Bell love their little yellow house in Union County, a home with 50 years’ worth of memories and comfort. So when money began to get a bit tight and the house needed repairs, the commercial Julian [...]
Reverse Mortgages Under Senate Scrutiny
Reverse Mortgages Under Senate Scrutiny, Recently, the United State Senate Special Committee on Aging held hearings on the problems and opportunities surrounding the rapid growth in reverse mortgages (Reverse Mortgages: Polishing Not Tarnishing The Golden Years). The testimony of witnesses is loaded with some compelling insights (good and bad) and is highly suggested reading for [...]
Reverse Mortgage Slideshow Presentation
Reverse Mortgage Slideshow Presentation, Jessica Bennet at MortgageFit.com has assembled an informative slide presentation titled, “How Reverse Mortgages Help Aging Seniors.” The presentation, for the most part, pits the traditional methods of senior income — such as social security, certain retirement plans, home equity loan, HMO, etc. — against a reverse mortgage. It lists the [...]