Best reverse mortgage funded by family
Tax, interest rate, closing-cost benefits hard to pass up
By Benny Kass, Thursday, February 21, 2008.Q: Our parents own their house free and clear, and it is worth about $400,000. Dad is 79 and Mom is 77; both are in fairly good health. They receive Social Security and a modest monthly pension. We would like to assist them financially. They both like to travel, but their limited resources deny them this pleasure. Do you have any suggestions?
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