Not with a reverse mortgage.<quoted text>
LOL - One odd thing about borrowing - you have to pay it back
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#22 Jun 8, 2008
#23 Jun 8, 2008
lets see how much the price per barrel rises to on mondays opening on wall st. i would guess 5.00 to 8.00 a barrel. what does everyone else think? thank god we dont need home heating oil here in arizona.
#25 Jun 9, 2008
Fine. The reverse mortgage (or legal equity stealing) is the panacea that will save the seniors from freezing.
Do you have devine intervention for seniors who have never been fortunate enough to own their own home?
Do some research on a reverse mortgage. It's a desperate one time fix. I don't want to generalize but statistically, those who resort to a reverse mortgage are in financial difficulty again within 18 months. It's selling an asset that you've worked years for at well under market value.
#26 Jun 9, 2008
Is this generation too soft to warrant another program
similar to what occured in 1976, whereby the Greatest
Generation that ever lived, came to the forefront and
complied with a program called "Car Pooling" among
We brought gasoline usage down and rather quickly. Mo
over those living in metropolitan areas saw an unusual
phenomenon , the freeways here in L.A. opened up a
bit, during commute hours.
If Jimmy Carter opened his mouth to encourage these
simple tactics, way back then ( 1976 ) what is wrong
with our current leaders doing the same now.
If the USA can reduce its usage, perhaps India and
China will follow suit..........the "monkey see, monkey do
#27 Jun 9, 2008
Um, that's my 401k, and probably yours and half the people here that you are talking about.
#28 Jun 10, 2008
Not using asset you built for retirement is stupid. Why die sitting on an untouched fortune?
#29 Jun 13, 2008
Man do you have tunnel vision! You are giving away a portion of that asset to the bank with a reverse mortgage. It's crap - good for the bank, not the consumer.
#30 Jun 14, 2008
Get off the Hollister site you officious intermeddlers.
#31 Jun 15, 2008
Of course, but you are getting cash in return.
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