What disadvantages might seniors looking into the reverse mortgage run into? Despite a ration of clear press on the curriculum, here are approximately cautionary info and real dangers with the intention of a senior must be aware of previous to jumping in pitching.
The initially and potentially the generally valuable pitfall to dodge are devious reverse mortgage companies. The old maxim, "you know them by their fruits" applies at this time. If they seem slimy, they probably are. To could you