A truly sad situation.
Any FReepers out there that are savvy about these reverse mortgages? Is this as bad an idea as I think it is?
posted on 03/25/2009 12:45:00 PM PDT
(The Fairness Doctrine isn't about "Fairness" - it's about Doctrine.)
The average home value slipped from $449,200 in the first quarter of 2008 down to $412,627 for the fourth quarter.
You got to be kidding me!
posted on 03/25/2009 12:46:48 PM PDT
by Red_Devil 232
(VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
I can’t believe that members of the “greatest generation” would fall for this insane idea. Only IF your health were compromised, and your time short, would these then be a “good” idea!
posted on 03/25/2009 12:55:21 PM PDT
("When the foundations are being destroyed, what can the righteous do?" Ps. 11:3)
To: Hoosier Catholic Momma; CottonBall; TenthAmendmentChampion; Chickensoup; JDoutrider; ...
I don’t know enough about reverse mortgages to despise them yet, but debt is debt.
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posted on 03/25/2009 1:08:19 PM PDT
(Smokers, the most patriotic of Americans!)
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