OK, I can't say I've looked that hard into it, but isn't a reverse mortgage just one of those things that might be right for some, but not everybody?
Like if I'm single, 70, and in poor health why not get some cash and live the last few years of my life full of hookers and blow instead of eating cold Kraft Dinner in the dark? Sure, if you have family to take care of (or leave the house to) it may not be the best idea.
|