Should I get a Reverse Mortgage in 2016?

We are coming close to another year’s end. Where does the time go?

There is a ‘slideshare’ image going around facebook weekend that tells about what it was like in 1915.

What things were like in 1915.
What things were like in 1915.

Things sure have changed in a 100 short years. Things are probably changing now at an even faster speed.

Perhaps you are asking yourself – ‘Is this the year that I/we should get a reverse mortgage?’  It is a very important question and timing can be critical.

The Motley Fool asks the question –

“Time to Get a Reverse Mortgage in 2016? A reverse mortgage can give you some much-needed cash, but make sure you know what you’re getting into before you apply.” Source: The Motley Fool

Be sure to check out this very good article that gives an overview and the pros and cons of a reverse mortgage.

 

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