Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
is it just me or does it seem to have alot more (Original Post) littlewolf Mar 2014 OP
Part and Parsel of the next Wellstone ruled Mar 2014 #1
 

Wellstone ruled

(34,661 posts)
1. Part and Parsel of the next
Tue Mar 4, 2014, 02:38 PM
Mar 2014

big bubble. All the 1%ers know were the last big pool of money is located and they are going to get it by hook or crook. If you have or have not read any of the financial threads today,you will see the coming housing bubble blowup that's to come. These reverse mortgage deals are great for some,providing you get a appraisal that is out of the ballpark and is locked in,then I say,take there money and run like hell. Personally have seen total devastation to families who didn't do due diligence with this product. And in turn,have seen this product work out for many whom had a ton of equity and needed the money in order to cover expenses. Not many retirees have enough savings to make a go of it. With the 28% possible hit to your 401k withdrawals,you have to do what every to live.

Latest Discussions»General Discussion»is it just me or does it ...