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i dont get the reverse thing...dont you basically just sell your house?
i dont get the reverse thing...dont you basically just sell your house?
Basically and you get payouts from the equity. when you die the equity "loan" is settled up and unless someone can pay off the "loan" the house is the loaners.
i dont get the reverse thing...dont you basically just sell your house?
Basically and you get payouts from the equity. when you die the equity "loan" is settled up and unless someone can pay off the "loan" the house is the loaners.
Which might be a good deal for some people. Like someone who has no heirs. Or someoen whose children have their own homes, but aren't supporting their parents or even visiting very often.
Maybe a sign of our times that the extended family is vanishing and the nuclear family is nuclear.
i dont get the reverse thing...dont you basically just sell your house?