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The Water Cooler
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Reverse Mortgages
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<blockquote data-quote="poopgiggle" data-source="post: 1328293" data-attributes="member: 6406"><p>I'm all for freedom of contract, and I support the right of seniors to do whatever they want with their hard-earned equity.</p><p></p><p>But that doesn't make them a good idea. What happens when all their equity is sold off and they're not dead yet? You qualify for RMs at 62 and people are living faaaaar longer than that these days.</p></blockquote><p></p>
[QUOTE="poopgiggle, post: 1328293, member: 6406"] I'm all for freedom of contract, and I support the right of seniors to do whatever they want with their hard-earned equity. But that doesn't make them a good idea. What happens when all their equity is sold off and they're not dead yet? You qualify for RMs at 62 and people are living faaaaar longer than that these days. [/QUOTE]
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