Reverse Mortgage Pros & Cons...

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Seniors are feeling just as cash-strapped as the rest of Americans right now. Many have lost a good portion of their retirement fund, some have lost their jobs, and others are feeling the pinch of rising health-care costs. The idea of tapping into your home equity through a reverse mortgage can sound appealing, but it isn’t right for everyone.

Reverse mortgages can provide seniors with some new financial options, but there are drawbacks. Learn what you should take into consideration before taking out a reverse mortgage.

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Reverse Mortgages: Pros and Cons