reverse-mortgage-could-leave-you-homeless

 

It’s hard to pick up a Boomer oriented publication or turn on the TV without seeing Hollywood ‘hasbins’ pitching reverse mortgages. While these products may have some limited use, they can be deadly for many.

According to this article, ‘When it comes to reverse mortgages, inflation should be one of your top concerns. Over time, inflation can eat away at the value of your annuity benefits or yield on a bond, but that’s the worst that can happen. With a reverse mortgage, inflation could take away your home.’ Read more…

 

 

Related Articles:
Reverse Mortgages – New Rules
Baby Boomers It’s Time to Lose Your Debt
Strategic Default vs. Mortgage Morality

 

 

We’d love to hear your questions or comments below. Thank you.

 

* * * * *

Fair Use Notice: This website post may contain copyrighted material. Such material is made available for news reporting, educational and other limited purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in title 17 U.S.C. Section 107 of the US Copyright Law.

RestlessBoomers.com (‘RB’) has no control over and does not endorse any external Internet site that contains links to or references RB.