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reverse mortgages

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Make sure you understand the pros and cons of a reverse mortgage.

With a reverse mortgage you can turn the value of your home into cash without having to sell the property, move out of it, or repay a loan every month. Before entering into a reverse mortgage agreement educate yourself, consult with trusted advisors and understand the pros and cons.

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The AARP Foundation is working to protect reverse mortgage borrowers. Following are summaries of two ongoing cases:

  • Bennett v. Donovan. Read
  • Chandler v. Wells Fargo. Read

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