If you don't have much income, a reverse mortgage might not be the best option
for ... makes more sense if you plan to live in your current home for a long time.
Dec 11, 2012 ... It's a nice thought, but the truth about reverse mortgages is far from ideal. ... you
have to be living most of the time in your primary residence.
Jan 22, 2015 ... Well, here are the five best reasons to get a reverse mortgage right now. ... and
opt to wait and take their Social Security benefits and let them grow. .... That's the
worst time in your life to worry about how you're able to pay for it.
Dec 21, 2015 ... A reverse mortgage can give you some much-needed cash, but make sure you ...
it won't prevent them from getting a reverse mortgage, but a portion of the ... It can
be a good way to get some extra money to cover expenses, ...
Where can I get objective advice about reverse mortgages? ... So while a reverse
mortgage can generate cash, it's not necessarily the best or ... All times are ET.
Apr 2, 2015 ... "Between the expenses and the limitations on them, we don't feel they solve the
... "Now is a particularly good time for [reverse mortgages], with ...
Jun 11, 2016 ... Credit Jeff Swensen for The New York Times ... In an ideal world, everyone pays
for their expenses in old age from Social Security and retirement ... Love Them or
Loathe Them, Reverse Mortgages Have a Place SEPT.
A reverse mortgage is only a good idea, Nesbitt said, when you have a
contingency plan. ... The same is true if you expect you don't have much time left.
Reverse mortgages can be a useful financial tool for older homeowners to tap
their ... It's never a good idea to make a financial decision under stress. ... to note
that borrowers deplete their home equity as their loan balance grows over time.
Jul 23, 2012 ... The ads make them look so great. Vacations, living a great lifestyle, happy
couples, smiling at their good fortune. Rewards are repeated again ...