Reverse Mortgages – I think the candidate’s age makes a difference
written by on Nov 25, 2009
After listening to the bad stories affiliated to reverse mortgages in the news and the fact is that every body seems to chatter about the concept quite ruefully, I can not help but wonder about whether this is as a result of the demographics of the householders involved. Whilst the refinance your mortgage in a jiffy companies that use some very ineffective promotions have been pretty much let off the hoook as far as I’m concerned.
The differentiating attributes of the two? One is targeted at every one and the other is targeted towards older people. This age specific targeting, I reason, has created the concern. Targeting people who happen to be in their senior years has the similar connotations of assailability that comes with selling fatty foods to children.