Smart Moves for Seniors

An Open Resource and Meetingplace for Seniors Thinking About Moving On With Their Lives and provided by Lois Patton, Licensed Real Estate Salesperson and Certified Buyer Representative with Albany Realty Group, Albany, New York. Also visit us at or call 518-459-4564.

Wednesday, August 16, 2006

Are you thinking about a reverse mortgage? If so, you need to thoroughly inform yourself about the pros and cons of a reverse mortgage before signing up for one. You should really consult your financial advisor or talk with several knowledgeable professionals about the advantages and/or disadvantages for you and your particular situation before you decide a reverse mortgage is right for you. While there are some true advantages, particularly in certain situations, there are also some real issues which may give you pause and invite some further consideration and evaluation. Don't rush into this decision based on "hearsay." A realtor who works with a professional financial advisor can put you in touch with someone who can give you perspective in order to make your decision.

We'll work for you. Give us a call or send us an email.

Have a great day!


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