Reverse Mortgages

If your nearing retirement or already there and looking for more income to fund your holidays, maybe a reverse mortgage on your home is the way to go? Using the value in your home, a lender can make regular payments or lump sum payments to you to help fund your retirement. Think of it as selling shares in your home while still owning it. Sound interesting? well read on and realize the full potential of your home!
Are reverse mortgages a good deal?
"The number of seniors who are tapping the equity in their homes through reverse mortgages has been soaring in recent years. In some cases, retirees may be doing this because their retirement nest egg alone isn't large enough to support them comfortably in their post-career life." CNNMoney
# Real Estate