Reverse Mortgage? been rejected?

[P.O.W.]

Is this "Reverse Mortgage" thing a rip off?
High set up fees. Limited qualifications threshold
Have you been rejected and you're thankful?

--
when you believe the only tool you have is a hammer.
problems tend to look like nails.

[clams_casino]

P.O.W. wrote:

>Is this "Reverse Mortgage" thing a rip off?
>High set up fees. Limited qualifications threshold
>
>
>

Reverse mortgages have their place / advantages, but they are
definitely not for everyone (or most, for that matter).

[Chloe]

"clams_casino" <PeterG...@DrunkinClam.com> wrote in message
news:M1NEj.31228$QC.2...@newsfe20.lga...

There seems to be quite a bit of readily-available consumer information
about reverse mortgages on the internet. So there's really no reason for
anyone who can read and comprehend standard English to get sucked into
something that's either excessively costly or doesn't meet their needs.

If you're elderly, in decent health, own your home, want to stay in it, and
don't care about leaving monetary assets to anyone after you die, a reverse
mortgage from a reputable company can be an excellent way to tap your home
equity.

[Joe]

> Rule of Thumb: Never, ever, do business with any "financial institution"
> or (fill-in-the-blank) "broker" who solicits.

Okay...

> Rule of Thumb: Never, ever, do business with any "financial institution"
> or (Battleship) "broker" who solicits.

Now what?
--

Joe in Northern, NJ - V#8013-R

Currently Riding The "Mother Ship"
http://yunx.com/valk.htm

Ride a motorcycle in or near NJ?
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