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Everyone wants to know what the disadvantages are, but no salesperson seems to want to point them out for fear of losing a sale. I am going to break the mold. See what the four biggest disadvantages are to a reverse mortgage. Just the facts, you make the decision. 1. No Interest write-off on y...
The Most Common 5 Reverse Mortgage Questionsby David PrulhiereLots of questions come our way about the specifics of a reverse mortgage. Redwood Financial Services is committed to giving you all the facts, so you can make your decision in an informed manner. Five of the more commonly asked questi...
With four choices on how to access your reverse mortgage equity, it is important you know your options. Let's explore these so you can make an educated decision:1. All At Once - A popular option is to take the funds available as a lump sum. The money is yours and you can use it for whatever you w...