Fred Thompson American Advisors Group (AAG) Commercial for Reverse Mortgage
http://www.youtube.com/watch?v=bkg8IH7e_6U
American Advisors Group Announces Senator Fred Thompson as National Reverse Mortgage Spokesperson
http://rismedia.com/2010-06-15/american-advisors-group-announces-senator-fred-thompson-as-national-reverse-mortgage-spokesperson/
Its been running for a few weeks. Before Fred they had Peter Graves, but he passed away. Before Graves, they had Robert Wagner. Fred must believe in this particular company. I can’t imagine he’d sign on if it was not a good thing for people.
Stupid old fool ought to get a reverse mortgage and see how he likes it.
Fred has always been an empty suit. That’s why he was a good actor.
I’m not sure why anyone (except possibly the heirs of folks with most of their assets in a paid-up house) thinks turning one’s house into an annuity one can live in is “sleazy”.
As with all financial instruments, one has to make sure that a reverse mortgage is expected to perform as desired and understand what risks are involved and be willing to assume them.
this might be a GREAT deal when hyper inflation sets in
buy a cheapo house now and pay for it
when the inflation hits 4oo or 500 percent reverse mortgage it and live off the proceeds
this might be a GREAT deal when hyper inflation sets in
buy a cheapo house now and pay for it
when the inflation hits 4oo or 500 percent reverse mortgage it and live off the proceeds
I just wonder whether most of the people making negative comments even understand the product. It’s not bad or good, it’s a product. A great product for some people. It’s not for everybody but I’m sure glad it’s there for those who need it. This can be the difference from living out your remaining years in a trash heap of a nursing home or going with dignity in your own home. Risks are mitigated with lifetime guarantees so I’m confused re the negativity.
I would not vote for Fred for dog catcher.
Fred’s done gone Knox Pooley on us.
It allows people to stay in their homes as they grow older. Not such a bad deal, imho.