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Because of horrible life events, I find myself at the age of 60 disabled and unable to get a job. My only real asset is my house. Am I allowed to mention numbers here? I have a lot of equity and a comparatively small mortgage, but I still can't pay it. Next year I can get Social Security; that...
Me F(37) and am an only child, and my parents 70 & 73 have never made the best financial decisions, and have invested their time and money into their home over the last 30 years, worth around $600k now. They’re both retired, no pension or 401k, living off of SS. House only has about $52k left...
Mom passed 2 weeks ago and owns 136,000 on her house and it’s been appraised at 245,000. I would like to purchase the house, I am a first time home buyer and 50 years old in Ohio. I moved out of my apartment 2 years ago and moved in with my mother as her caregiver. A few questions.
Do I really...
Recently I have found myself in a tough spot.
I had my left leg amputated below the knee and money has been tight. Super tight. The extra kicker is my job doesn't have any work for me. So I am out of a job and walking on a prosthetic leg. My buddy suggested a reverse mortgage for my condo but I...
To preface - I have the (prejudiced) opinion that all reverse mortgages are either scams or extremely unfair and hostile in their terms. OTOH my husband is sucked in and is pushing really hard to do it.
We have sold our house - and are buying a new construction, upper middle class house - cash...