A reverse mortgage should be considered as part of a financial plan, and financial advisors are now beginning to realize this: bit.ly/JlaceB
Recently published studies on the use of reverse mortgages have generated a great deal of positive response from the mainstream media. Here is a recent article with the same title as my post by Scott Burns, a widely syndicated personal finance writer: http://bit.ly/J7vVCx
My objective in writing this blog is to provide useful information to people who are considering a reverse mortgage for themselves or a loved one.
There is no financial product today that evokes as strong an emotional reaction as the reverse mortgage, and none is as widely misunderstood. Though not for everyone, a reverse mortgage can be a lifesaver. Knowing the facts can help you decide if one is right for you or someone you know.
Since I have one myself, I have a unique first hand perspective on the product and it’s application.
I’ll be posting links to current articles, videos of interesting news clips, and my personal experiences as a financial professional , and am also open to answering your questions.
I hope you will follow me and learn about this important financial planning tool!