Sam in Reverse

Taking on a reverse mortgage can be a smart move or a financial disaster, depending on the type of loan and your circumstances. Avoid these mistakes to make a reverse mortgage a smart move Read more: http://www.foxbusiness.com/personal-finance/2011/02/17/5-costly-reverse-mortgage-mistakes/#ixzz1Ebdxaxzs

Cover story: Reverse mortgages satisfy many goals. From the Washington Times

http://www.npr.org/2011/02/15/133777150/Reverse-Mortgages-Good-For-Seniors

WASHINGTON (MarketWatch) — Question: I am not qualified to make the decisions necessary for our situation, but hope that someone with your knowledge may help guide me so my husband and I can make it for our remaining 20 years. The situation is this: Read more http://www.marketwatch.com/story/using-a-reverse-mortgage-to-buy-a-home-2011-02-11

Money Magazine: Ask the Expert (Money Magazine) -- My wife and I are 62 and just starting to take Social Security. We're thinking about taking out a reverse mortgage and using it as a line of credit. The extra money could come in handy. What do you think? -- S.W., Red Oak, Texas A reverse mortgage can be a good way for people 62 and older to turn their home equity into extra spending cash that can supplement Social Security and withdrawals from savings, making retirement more enjoyable than it otherwise might be. read more.... http://money.cnn.com/2011/02/01/pf/expert/reverse_mortgage.moneymag/