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Reverse Mortgages Require a Lot of Forward Thinking Before Committing
Washington Post, Dec. 3, 2015–Geffner, Marcie; Orton, Kathy Experts say the key to avoiding such problems is for borrowers to understand the full ramifications of a reverse mortgage on their children and spouses. If they want their heirs to inherent the home, they need to put mechanisms in place beforehand.