Posted October 18, 2012

Have you read this article from The New York Times?  Seniors need your help in making large financial decisions when there's the threat of getting taken advantage of.  

A Risky Lifeline for the Elderly Is Costing Some Their Homes

By 

The very loans that are supposed to help seniors stay in their homes are in many cases pushing them out.

Reverse mortgages, which allow homeowners 62 and older to borrow money against the value of their homes and not pay it back until they move out or die, have long been fraught with problems…. 

 

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