"Scrupulously independent . . . the first step for smart consumers" -- Kenneth R. Harney, The Washington Post, 5/24/98
From the Publisher
This book answers the key questions in easy-to-understand language. Some of the questions: What's a reverse mortgage? How's it different? Who can get one? How much cash can you get? How's it paid to you? How much total cash? What happens to your debt? That why it's called "reverse"? When do you pay it back? What do you owe? What's the most you can owe? How do you pay it? What's left? What's the out-of-pocket cost? What are the other costs? What's the total cost? How does the total cost vary? What's that mean? What about taxes?