Wednesday, November 10, 2010

Reverse bmortgage my ass.

As i watch all the commercials for the so called reverse mortgage fgor senior citezens it makes me laugh. My father in law is 65 years old and tried for one of those so called reverse mortgages and was less than politely turned down, in fact he was hung up on by the jackwagon he was talking to on the phone. What they should tell you on those commercials is we will give you a reverse mortgage if you have a 200.000.00 house that needs absolutely no work. If on the other hand you have a 50.000.00 house that needs a little work you get the middle finger and a rude goodbye or hung up on. So my thoughts would be dont call for a reverse mortgage unless you are a retired millionaire cause if you are not rich and own a palatial estate you will not receive anything.