In today’s economy, many retirement age citizens consider the equity in their homes to supplement their income without considering the risks. Should these elderly homeowners tap into their homes to provide cash for expenses?
During this seminar, the speakers discuss the different significant types of reverse mortgages, pros and cons, costs and qualifications. The presentation will also address family concerns and ethical considerations related to the obligations of the mortgage, as well as the circumstances that can lead to a financial crisis and foreclosure.