4 Reasons Why You Should Give Reverse Mortgages Another Look

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If you’ve been snubbing a reverse mortgage, or counseling your elderly parents against it, take another look. These notoriously expensive loans are now on sale for less.

You’re right to be careful about the loans. If mis-sold, they can leave you poor — and the press tells plenty of tales about mistakes. On the other hand, the right loan at the right time can lift you out of a pinched life of living on Social Security and measly certificates of deposit.

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http://moneywatch.bnet.com/investing/blog/make-money/4-reasons-why-you-should-give-reverse-mortgages-another-look/719/?tag=content;col1

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