A recent article in the Davis County Clipper sets out to discount the benefits of reverse mortgages. It's not unique. In fact, it contains many of the usual discouraging comments.
The difference?
This time the author ran into an individual with comprehensive knowledge of reverse mortgage benefits.
Read the article for the usual ill informed remarks on reverse mortgages. Then read Robert Canon's comments.
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Reverse mortgages aren't for everyone. But, maybe one can solve your problems?
As always, tax implications of reverse mortgages are best discussed with your own tax adviser. Call toll free - 877-308 - for a discussion of the pros and cons of a reverse mortgage in your own situation.
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