Archive for the 'Other - Business & Finance' Category

How do I go about obtaining a reverse mortgage?

Saturday, May 31st, 2008
MrStevens asked:


Also, how do they work exactly?

Louis

Posted in Other - Business & Finance | 3 Comments »

To Seniors who have engaged in a Reverse Mortgage with a bank (not with a broker) -?

Sunday, May 11th, 2008
Shirley KDD asked:


have you had any negative experience, especially at closing it out? Mine is new, but I am not totally comfortable with the possible outcome at payoff.

Kristina

Posted in Other - Business & Finance | 1 Comment »

Where can I find a Reverse Mortgage lender in Texas?

Tuesday, January 29th, 2008
Melinda H asked:


I have a home in San Antonio, TX on which I have quiet a bit of equity. I would like to get a HECM Reverse Mortgage and need a lender that specializes in Reverse Mortgages in Texas.

Jackson Trader

Posted in Other - Business & Finance | 2 Comments »

Can anyone explain what a reverse mortgage is and if it’s a good idea?

Wednesday, November 7th, 2007
funlady6632 asked:


I heard that it’s good if you have no children to leave anything to. Any help will be greatly appreciated..Thank You!
Thank you all…very informative info…I have no debt and I have no children to leave it to. My extended family will still receive a substantial amount without the house. Do these facts make it a better idea?

Melinda

Posted in Other - Business & Finance | 4 Comments »