Article by Stephen Lamoreaux covering reverse mortgages and its relationship to estate planning. Also offers comparive chart displaying differences between a reverse mortgage and a home equity credit line.
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An Overview of Reverse Mortgages
For many seniors the equity in their home is their largest single asset, yet it is unavailable to use unless they use a home-equity loan. But a conventional loan really doesn't free up the equity because the money has to be paid back with interest. A reverse
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Date Added: Feb 28, 2010 Hits: Rating: 0.00 Votes: 0