Great article from the Wednesday, February 4, 2009 Sacramento Bee. In the article Rashida Lilani recommends as a way to increase options, that seniors go through a broker when obtaining a reverse mortgage versus a bank. She also advises to “do your homework.” MLS Reverse Mortgage advises the same. A reverse mortgage is a major life changing decision that shouldn’t be taken lightly. It is important to involve friends, family and anyone if your life that your trust to help you make a sound financial decision. Of course, make sure you always speak to a reverse mortgage professional.
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