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Reply #11: Take it from someone who knows. Run as fast as you can [View All]

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Paper Roses Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:06 PM
Response to Original message
11. Take it from someone who knows. Run as fast as you can
away from a Reverse Mortgage.
If you have no heirs, maybe it is worth it. I have one and am afraid of a raise in interest rates. That will drive the interest I pay on this RM and eat up the equity even more.
Consult an accountant or lawyer before you take out a RM.
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  -I getting very tired of these Fred Thompson Reverse Mortgage commercials. Lint Head  Aug-09-11 06:18 PM   #0 
  - wasn't there some prominent Republican talking crap about  zbdent   Aug-09-11 06:31 PM   #1 
  - You always have the option of changing the channel  slackmaster   Aug-09-11 06:32 PM   #2 
  - Or going to YouTube  izquierdista   Aug-09-11 06:36 PM   #4 
  - Yep. Nixon knew he was an idiot.  Lint Head   Aug-09-11 06:44 PM   #9 
  - It's on every channel, even the ones I like.  Lint Head   Aug-09-11 06:42 PM   #7 
  - While it is a job for scummy shills, I love seeing Fred do them  Bluenorthwest   Aug-09-11 06:35 PM   #3 
  - Right on!  Lint Head   Aug-09-11 06:41 PM   #6 
  - I always keep expecting him to fall asleep mid-sentence!  BumRushDaShow   Aug-09-11 06:40 PM   #5 
  - At least it's not salad spinners. nt  morningglory   Aug-09-11 06:43 PM   #8 
  - I figured it was more like a home equity loan. You pay interest  demigoddess   Aug-09-11 06:50 PM   #10 
  - Take it from someone who knows. Run as fast as you can  Paper Roses   Aug-09-11 07:06 PM   #11 
  - Not just him -- also Robert Wagner  elfin   Aug-09-11 07:35 PM   #12 
  - I think Henry Winkler (the Fonz) has done one too nt  maryellen99   Aug-09-11 07:39 PM   #13 
  - Reminds me of a bobble head  bhcodem   Aug-09-11 07:53 PM   #14 

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