Tag: real estate loans

  • Reverse Mortgage Problems: When to Stay, and When to Walk Away

    Reverse Mortgage Problems: When to Stay, and When to Walk Away

    —

    by

    Deeds.com
    in

    Reverse mortgages are designed for senior homeowners. They’re advertised as a super power available to longtime deed holders. The idea? When you’re low on cash, tap into your many years of equity-building. Draw financial strength from your property’s value. Sounds good, and yet pitfalls await the unwary. Reverse mortgages allow borrowing to increase, and home equity…