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united states

  1. C

    May I ask for advice about reverse mortgages?

    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...
  2. C

    Parents taking a reverse mortgage

    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...
  3. ucbruis

    Mom passed with reverse mortgage. A few questions

    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...
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