How You Can Stay In Your Home: Is a reverse mortgage right for you?

In the golden years, everyone encounters a new set of challenges. Even if you or your parents are in relatively good health physically and financially, they may find themselves short on income and incurring new expenses. If they need in-home care or need to make their home more accessible in order to get around, these expenses may make it more difficult to stay in their home. One method that seniors are using to stay in their home is the reverse mortgage, an instrument that turns home equity into income to cover these unexpected financial obligations. How Can A Reverse Mortgage [...]