Wednesday, September 23, 2009

Negative Press on Reverse Mortgages -- Is it the next big scam?

To hear it told by uninformed reporters that don't do their homework it would be wise to steer clear of the Reverse Mortgage.  It seems a month doesn't pass when there is legislation passed that makes it harder to get a Reverse Mortgage and less beneficial to the seniors. In fact my earlier post mentioned lowering that amount of YOUR cash that you can have access to.  I don't know but while there are many scams out there to watch out for the Reverse Mortgage isn't one of them...there is so much information about the Reverse Mortgage and there are testimonials of thousands of people with the Reverse Mortgages..how long with the scam last if it was?  Take the time to talk to a professional that knows the ins and outs of the program the beneifts and the pitfalls to avoid.  Do yourself a favor and at least get the education so you can make an informed decision.  Maybe its not for you, but what if it was the best thing you ever did?  Why not find out for yourself.  Don't take my word for it or any reporters word for it.  Find out for yourself.

www.mireverse.com

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