Monday, June 21, 2010
REVERSE MORTGAGE
REVERSE MORTGAGE – this type of loan is intended for senior citizens who are considered to be on poverty line. It allows homeowners to have a lifetime fixed retirement income monthly. If ever the homeowner dies, the place is already considered sold, meaning the loan is already paid off and the remaining cash will benefit the heirs.
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1 comments:
It is just so tempting to abandon the real estate business (at least temporarily) right now. However I’ll look into your ideas. Thanks
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