Worst "advice" article I've ever read. Reverse mortgage for what, so you can give your house away for half it's value or lock yourself out of your own home due to a contract term written buy a slippery lawyer? Not to mention low-ball appraisals, "adjustments" for age, basically everything that makes whole life insurance a scam, except now you lose your home and have nothing to leave your heirs. Nice.
Comments
Worst "advice" article I've ever read. Reverse mortgage for what, so you can give your house away for half it's value or lock yourself out of your own home due to a contract term written buy a slippery lawyer? Not to mention low-ball appraisals, "adjustments" for age, basically everything that makes whole life insurance a scam, except now you lose your home and have nothing to leave your heirs. Nice.
Post: Home Rich Cash Poor
Link to comment from July 8, 2022