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problems: Seniors in Kansas City Are Reverse Mortgages Too Good To Be True? - 07/06/08 01:40 PM
Advertisers attempt to make you think they are all that and then some while the media and some financial advisors make them sound like they are a horrible way to go. Let's see if we can help you decide for yourself. Reverse mortgages are for homeowners 62 years or older that either have their home paid for or have a mortgage balance 50% or less of the value of the house. Reverse mortgages work opposite of traditional loans. On traditional loans you make payments every month on reverse mortgages the bank pays you monthly, or in a lump sum, or a
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Kurt Jackson
Kansas City,
MO
More about me
KJ Financial
Office Phone: (816) 582-5532
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