- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: IS A REVERSE MORTGAGE A GOOD IDEA? Need Help deciding
Posted on 9/26/23 at 5:25 pm to WDE24
Posted on 9/26/23 at 5:25 pm to WDE24
a friend up in Tenn did a reverse 5 years ago on a 900k paid for house. the equity left is only 400k. its a loan and a payment with interest accrues till you have no more equity left. problem is they have a hard time with upkeep of the house, insurance, maintenance, utilities and property taxes on their fixed income. so now they are trying to sell the house to at least get their remaining 400k equity thats left.
1
Posted on 9/26/23 at 6:56 pm to TIGA 80
quote:
a friend up in Tenn did a reverse 5 years ago on a 900k paid for house
Yeah he also got like 300-400k in his pocket
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News