Is a Reverse Mortgage Right for Me in Sherburne County Minnesota?
There are several types of reverse mortgages, and not all are created equal. I have a link: Minnesota Attorney General Seniors Reverse Mortgage information to a pamphlet put out by the Attorney General of Minnesota.
You, as a senior, should be very, very careful when considering this type of financial vehicle.
I am not a financial advisor, but I have had contact with many seniors who have had a rude awakening when either attempting to sell their home, get Medicare for nursing homes or other facilities or want to deed a property to their children or others.
Read the information in the link carefully, and if you need more information, or would like me to print and email you a copy of the information, please don’t hesitate to call me at 763-350-7960.
I really don’t want to see another senior who has been ripped off or misinformed about the reverse mortgage product.
Brought to you by Don Sabinske, Your realtor in Sherburne County, Sabinske & Associates Inc. 763-350-7960
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