Watch out for the “quicksand”, it can suck you in.
If your 62 years or older, a legitimate reverse mortgage allows homeowners to convert their home equity into cash. Instead of making a payment each month to your mortgage bank, the bank pays you monthly. You can also elect to receive a lump sum or line of credit. Looks simple, but the “quicksand” of fraud and scams are deceptively alluring.
Speculators are buying houses on the cheap, doing minor… Continue