Independent Australian reverse mortgage blog discussing Pros and Cons.
In November 2007, the Australian Securities and Investments Commission released Report 109, entitled “All we have is this house: Consumer experiences with reverse mortgages.” The findings of the report were based upon detailed surveys taken from 29 borrowers who had, within the three previous years, taken out a reverse mortgage with one of three unidentified […]
Is a house a home or an asset? Traditionally, houses have been considered homes first and assets a very poor second.
Perhaps the family home has been modified and renovated through the years, and certainly the garden has matured. However, nothing can ever alter that sense of rightness one feels upon stepping through the front door. […]
