CASHING IN ON YOUR HOME.

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    • Abstract:
      Focuses on reverse mortgages. Lack of seniors' access to the skyrocketing value of their homes if they are unwilling to sell, unless they use a reverse mortgage; Explanation of a reverse mortgage, which allows a homeowner to borrow against the equity of the home without having to pay back the loan or interest until the home is sold; Expectations that the aging population will make reverse mortgages very popular, even though only 40,000 reverse mortgages were done in 2004.