My folks paid of house many moons ago, and now, just depending on Social Security and Mom’s Medical Insurance, they are needing funds to live off of AND to assist in re-vamping the house.

They need to change the house somewhat physically because Dad will no longer be able to go upstairs (for showering) unless something is done SOON.

We are currently looking at options (such as a stair lift chair).

My siblings are very VERY wary of the Reverse Mortgage. They are afraid that someone will take the house from them when my folks pass away. I don’t care about that as much as Ma & Pa need the money to help them have some Quality In Life. The house is junk, and falling on it’s ear, anyway. I’m surprised it hasn’t been condemned by the city, like the house next door to them that is now a lovely open lot.

RE professionals
Persons who have done the Reverse Mortgage
Estate Planners

All are welcome for your advice!
Please be prompt – I need to submit your advice to my siblings tomorrow in our meeting of how to help out Ma & Pa.

God Bless!

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