Written by a licensed reverse mortgage originator, Reverse Mortgage Dangers explains to senior citizens the pros, cons, pitfalls, drawbacks and disadvantages of this poorly understood financial instrument. Anderson explains many problems of this highly touted “safe, secure, free seniors’ money” and covers scams, frauds and other problems. This unique fact-filled book has all the answers. More
Licensed Loan Originator Jim Anderson has participated directly in the reverse mortgage industry hands-on for over ten years and come to some very startling conclusions. Risking his career to help seniors to avoid making a very costly mistake, he has written Reverse Mortgage Dangers. in an effort to warn seniors. Seldom are senior citizens given all of the possible negative implications of this “free no-risk money”, and of the many pitfalls they must seriously consider before committing to a Reverse Mortgage. “Sometimes a reverse mortgage is a good idea, but most often it is not”, declares Anderson. He explains to senior citizens the pros, cons, pitfalls, drawbacks and disadvantages of this poorly-understood financial instrument. This unique book explains the many problems of this highly-touted “safe and secure free seniors’ money” , and covers scams and frauds and many other problems. Is a reverse mortgage ever a good idea? What facts must a senior learn? Is it a banking scheme or a government blessing? This unique fact-filled book has all the answers.