3 Alternatives to a Reverse Mortgage
A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into cash. On its face, a reverse mortgage may sound like a gift from heaven, especially for someone whose retirement plans aren't working out quite as expected. However, it's not right for everyone.
If you're considering a reverse mortgage, it's a good idea to examine other options before making a final decision. Here are three of those other options.
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Source Fool.com
