Saturday, December 15, 2012

Reverse Mortgages

I'm occasionally asked whether I think a reverse mortgage is suitable for a senior homeowner.  My answer is usually, "It depends." 

The following article, prepared by the Senior Real Estate Specialists Organization, provides an easy to understand explanation of the basic issues involved with a reverse mortgage.

If you are interested in more information about reverse mortgages, please contact me.   I can put you in touch with an experienced mortgage professional.

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