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Reverse Mortgage
#3
It's a good idea in theory and many folks have benefited from various companies...and a lot of folks have been burned. Find the best Real Estate attorney you can afford. Then listen to and follow their advice--they are on the hook to find the best deal for you and you alone--don't want to go generic in this. A good tax accountant/advisor is also essential. You shouldn't have to lay out much cash for either one--they get paid when you get your money (contingency fees). And both together may come up with another way to cash-out slowly while retaining occupancy we here couldn't think of--that's why you hire the best. Best of luck to you and your husband.
A man accustomed to hear only the echo of his own sentiments, soon bars all the common avenues of delight, and has no part in the general gratification of mankind--Dr. Johnson
What he said. Amen, Bro--JazzboCR


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Reverse Mortgage - by Lovely Linda - 10-07-2014, 02:21

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