The Reverse Mortgage Revisited:
A Second Look with Fresh Eyes You’ve probably seen the ads—Tom Selleck giving you that knowing look, talking about reverse mortgages. I’ve had more than one friend say, “If Magnum P.I. is pitching it (or should it be NYPD police commissioner) , maybe I should pay attention.” And honestly, they might be onto something. So imagine we’re at a backyard barbecue or maybe sipping something cold at the clubhouse, and someone brings it up: “What’s the deal with reverse mortgages anyway?” Here’s how I’d break it down—no charts, no jargon, just real talk. Let’s be honest—most of us flinch when we hear the term “reverse mortgage.” It’s one of those financial tools that’s been clouded by bad press, predatory practices from the past, and a…
