tag:blogger.com,1999:blog-30921153.post5593393889690560497..comments2022-02-27T19:50:53.100-08:00Comments on Independent Seniors: Dangers of Reverse MortgagesWyn Lydeckerhttp://www.blogger.com/profile/12833402565110181014noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-30921153.post-35116551417246949752012-10-23T23:02:30.227-07:002012-10-23T23:02:30.227-07:00Although a reverse mortgage has many potential ben...Although a reverse mortgage has many potential benefits for senior homeowners, it also has its drawbacks. Reverse mortgages can have higher up front fees compared to other types of financing. As the homeowners get to retain the title of the home, they have the added burden of paying for insurance, taxes, maintenance and all other expenses related to the property. It is best to seek advice from a financial professional to see if a reverse mortgage is right for your situation.Chris from 123homeloans.co.zahttp://123homeloans.co.za/noreply@blogger.com