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What is the Downside of Reverse Mortgages?

Downside of Reverse Mortgages

I’m sure you’ve seen the commercials on TV with famous pitchmen extolling the virtues of reverse mortgages. They make reverse mortgages sound pretty good, right? So, what is the downside of reverse mortgages? What are some possible pitfalls you need to look out for? The HECM reverse mortgage is a great financial tool, … Read More >