reverse-mortgages-new-rules

 

You may have noticed our newsletter and website don’t carry sponsor ads for financial planners, long term care insurance, reverse mortgages, etc. This isn’t an accident.

We believe many products in these categories do not offer real value and some are little more than scams designed to separate customers from their hard earned money.

Many Boomers have their financial backs pressed against the wall right now and products like reverse mortgages seem tempting. Unfortunately, the downside risk, that you could lose your home and find yourself out on the street, is real.  Read more…

 

Related Articles:
Real Estate Crash on the Way
Beware – Mortgage Servicing Scam
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.