Smart Ways to Access Your Housing Wealth

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USAA of AL 8:03AM April 07, 2011

I hope you can hang in as well Marc. Another viable option for seniors w/out equity in their home may actually be hiding in their life insurance policy. Many seniors are sitting on an asset they do not even know exists. You may be able to sell your life insurance policy for a large lump sum of money that can be used to maintain or increase your quality of life WHILE you are still living.

Jimmy of MI 10:50AM October 06, 2009

These sound like great ideas if you have equity. What happens if you are unemployed (meaning you can't modify your mortgage) and with no equity left, you can't go reverse mortgage. I'm stuck until the economy turns around, they start hiring teachers again and I build enough equity to get a reverse mortgage. I only hope I can hang in that long.

Marc Dodell of CA 11:31PM July 04, 2009