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Wednesdays

(20,547 posts)

6. Reverse mortgages are bad news all around.

Reply to Paper Roses (Original post)

Fri Jun 10, 2022, 11:46 AM

Jun 2022

When you get to the "empty nest" years, better to just sell your house outright and use the funds to buy a more modest dwelling. Then the extra cash can pad your retirement.

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Dear friends, can we talk about Reverse Mortgages and how awful they are? [View all] Paper Roses Jun 2022 OP

Our neighbor OLDMDDEM Jun 2022 #1

My mom and I were considering it for her in Florida exboyfil Jun 2022 #2

I am sorry. Your stress level must be through the roof. A suggestion I will share: talk to in2herbs Jun 2022 #3

Good advice wryter2000 Jun 2022 #5

I'm so sorry wryter2000 Jun 2022 #4

Reverse mortgages are bad news all around. Wednesdays Jun 2022 #6

My neighbor took out a reverse mortgage after his wife died kimbutgar Jun 2022 #7

Selleck is an addhole. trof Jul 2022 #8