Here is a great article and video on Reverse mortgages, from MSNBC.
Imagine getting a check each month instead of writing one
REDFORD, Mich. – For 88-year-old Mort Linick, a red scooter symbolizes financial freedom. He bought the scooter with money he and his wife, Fran, get from the mortgage company, instead of sending the mortgage [...]
WHAT JUST HAPPENED?
How did Americans progress from being the world’s economic leader to becoming the world’s economic anchor?
Friends and clients keep asking me, “What happened? Three years ago our economy was booming and our home values were rising at an intoxicatingly dizzy rate. Last October, the US stock market was making historic highs. Today, home prices [...]
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