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04:46 PM

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Subject Anyone know anything about REVERSE MORTGAGING? Is it a good plan for sr. citizens on fixed incomes?

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Original Message My father is 72 yrs old and was offered the plan. I told him to take it. It sounds real good. He doesn't have to pay any mortgage while he is alive and gets some pocket money from the appraisal on the house. Is this a legitimate plan?

I need all the advice I can get. I hope i didn't steer him wrong into taking the deal.

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