Renae Stucki Realtor just found this article on CNN Money about reverse mortgages and some of the drawbacks. You can read the article HERE.
One of the biggest risks in taking on a reverse mortgage is choosing the lump sum option. This is the one leading to more foreclosures and seniors losing their homes then any other.
If you’re considering a reverse mortgage, take some time to study up on it and make sure it’s the right decision for you.
Call Renae today about any of your home shopping or buying needs and let us help you make your dreams come true!
