I skimmed through that reverse mortgage thread

File: 213 KB, 650x500, DB848247-CEAC-479C-BA75-7EA4C7DDA80F.gif [View same] [iqdb] [saucenao] [google]

I skimmed through that reverse mortgage thread Anonymous Sat Aug 6 01:42:16 2022 No.50764855 [Reply] [Original]

Are there reverse mortgages with fixed interest? How I understood it is that you basically get paid the value of your home monthly until it belongs to the bank and some people do this to retire. So if someone were to reverse mortgage their home at the top would they be making bank monthly from that sale? Can you pass down the contract and the remaining equity to someone else for when you die and don’t spend the whole thing?

>>	Anonymous Sat Aug 6 03:32:43 2022 No.50765995 File: 363 KB, 1709x1080, 1646019596855.jpg [View same] [iqdb] [saucenao] [google] >>50764855 >Give me your house.

>>	Anonymous Sat Aug 6 03:35:30 2022 No.50766023 File: 144 KB, 670x424, 58483717-E6C5-4FDF-9177-5436F39FDAA9.jpg [View same] [iqdb] [saucenao] [google] >>50765995 No Tom. You can’t steal my house for an old person scam.

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance