Is a Reverse Mortgage Right for You? Pros, Cons, and Alternatives
So, Is It Right for You?
Ask yourself:
- Do I plan to stay in my home long-term?
- Can I afford property taxes, insurance, and upkeep?
- Am I comfortable with my heirs possibly receiving less?
If your answers point to stability and long-term residence, a reverse mortgage could be a smart move — especially when paired with expert guidance.