Home equity loan not best for elderly homeowner

The big advantage of a reverse mortgage is no repayment is required as long as your father lives in his home. But a home equity loan requires monthly payments.

Bob Bruss.

- HOW MUCH TAX IS OWED ON INHERITED HOUSE SALE?

- VERY LITTLE MARKET FOR HALF OF A VACATION PROPERTY

January 10, 2007 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

Visit Authors Website →