13 Reverse-Mortgage Misunderstandings That Could Cost You
"In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement."
-- Charles Duhigg
A reverse mortgage can indeed be a big boon in retirement, providing needed income and improving your financial security. But reverse mortgages are not without some drawbacks and dangers. Learn more about them to see if getting one is a smart move for you, and start with the 13 misunderstandings below.
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Source: Fool.com