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Home>The Good, the Bad, and the Ugly About Reverse Mortgages

The Good, the Bad, and the Ugly About Reverse Mortgages

Perspectives Content Submission

Thu, 3 Jan 2013

Reverse mortgages may be a good idea for the elderly if they want to stay in their home and receive cash to pay for their retirement. But there are significant downsides: It is hard to keep the home in the family once Mom and Dad leave the place, the house’s equity value disappears and the debt owe

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