Dick, I thought the same thing. I have a friend who needed money to help out one of his kids. He had no savings but did have his home clear. He looked into refinance but he was going to have to make payments which would have been tough on fixed retirement. It also put him or her in danger of losing home when one of them dies with only 1 SS check. So he looked into reverse mortgage. He got the money, no payments, and can live in the house until who ever dies last, him or wife. Sounds like a pretty good deal to me. Now, should he have done that for the kid is a whole nother story?????
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don�t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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