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 - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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