Move My Realty - Real Estate News

The ins and outs of reverse mortgages

January 11th, 2009 4:28 PM by Ron Mastrodonato

"For homeowners 62 years and older, a reverse mortgage may seem like an excellent way to tap into home equity, generating much-needed retirement income. After all, the loan typically doesn't have to be repaid as long as the last surviving borrower lives in the home or until the home is sold."

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Posted in:General
Posted by Ron Mastrodonato on January 11th, 2009 4:28 PM

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