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URL:  http://boards.fool.com/-hmmm-if-im-reading-this-right-if-29278050.aspx

Subject:  Re: Reverse Mortgage .. Date:  5/3/2011  8:55 PM
Author:  CABob Number:  68962 of 76395

... hmmm... if i'm reading this right, if interest just accrues, in 14 yrs, house would have to more than double in value for heirs to 'break even'


If you get a reverse mortgage I think you should assume that your heirs will not get the house when you pass. If values do increase significantly in the future this might not be true, but, I don't think you should consider as a high probability in your plans.

Bob
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