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View Diary: Reverse mortgages: The final blow killing middle class wealth (276 comments)

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  •  can someone (1+ / 0-)
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    provide more information on exactly specifically what a reverse mortgage involves and then also provide more information on the little details which make this  just awful. i have no doubt that the details make it horrible. i kinda get what a reverse mortgage is but need more information. and i did go on the google but there is a lot of info out there and not sure where to go.

     i have an aunt who thinks this is the solution for her worries. my mother, on the other hand, is thinking of signing away her completely paid off house to a nursing home company for lifetime care.  i don't agree with either but i really have no control over these decisions.

    sorry, i think i need a reverse mortgages for dummies course

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