Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Reverse Mortgages"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Fees are higher than they ought to be and most are up-front, so it's a very bad deal if the homeowner dies or wants to sell the home only a few years later. Works out to be a little more reasonable if the homeowner stays in the home for a longer period of time. Also, as others have mentioned, it depletes what is often the only significant asset for an elderly person, and if that person later needs to leave the home and move to a nursing home or assisted living facility, you're basically stuck with whatever Medicare will pay for. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
