Comments on: Using a Reverse Mortgage to Pay for Home Care http://blog.virginiaelderlaw.com/2010/01/using-reverse-mortgages-to-pay-for-home-care/ Evan Farr's Estate Planning and Elder Law Blog Thu, 12 Jan 2012 23:19:02 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Mark S. Randall, Esq. http://blog.virginiaelderlaw.com/2010/01/using-reverse-mortgages-to-pay-for-home-care/comment-page-1/#comment-54 Mark S. Randall, Esq. Wed, 03 Feb 2010 15:18:23 +0000 http://blog.virginiaelderlaw.com/?p=447#comment-54 Evan – Enjoyed your Update, as always. My brother-in-law recently asked me to take a look at a set of reverse mortgage documents. I had several concerns about the documents (including the possible effect of a 6-month stay in a nursing facility), but what really convinced me it really wasn’t right for his parents (beyond the fact that they really only wanted to borrow a small fraction of their equity) was the very high fees charged on the mortgage. Just another point of view. Regards, Mark Mark S. Randall, Esq. Evan – Enjoyed your Update, as always. My brother-in-law recently asked me to take a look at a set of reverse mortgage documents. I had several concerns about the documents (including the possible effect of a 6-month stay in a nursing facility), but what really convinced me it really wasn’t right for his parents (beyond the fact that they really only wanted to borrow a small fraction of their equity) was the very high fees charged on the mortgage. Just another point of view. Regards, Mark

Mark S. Randall, Esq.

]]> By: mortgage professor | MORTGAGE http://blog.virginiaelderlaw.com/2010/01/using-reverse-mortgages-to-pay-for-home-care/comment-page-1/#comment-52 mortgage professor | MORTGAGE Tue, 02 Feb 2010 20:06:36 +0000 http://blog.virginiaelderlaw.com/?p=447#comment-52 [...] Using a Reverse Mortgage to Pay for Home Care [...] [...] Using a Reverse Mortgage to Pay for Home Care [...]

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