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experience with reverse mortgage?
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debidonnamom
Kindness matters
Member since 12/10 1903 total posts
Name:
Mary (MOB)
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experience with reverse mortgage?
DH planning to get info concerning reverse mortgage. I tend to be skeptical about these things!! Mary
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Posted 3/31/11 6:25 PM  |
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Blazesyth
*yawn*
Member since 5/05 8129 total posts
Name:
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Re: experience with reverse mortgage?
My friend's grandmother had it. It was a burden to his parents when she died as the amount that she 'borrowed' from the mortgage was more than what the house was worth after the market dropped.
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| Posted 3/31/11 7:35 PM |
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debidonnamom
Kindness matters
Member since 12/10 1903 total posts
Name:
Mary (MOB)
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Re: experience with reverse mortgage?
Posted by Blazesyth
My friend's grandmother had it. It was a burden to his parents when she died as the amount that she 'borrowed' from the mortgage was more than what the house was worth after the market dropped.
I'll run this by DH!! Thanks, hon!!! Mary
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| Posted 3/31/11 8:34 PM |
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