Reverse Mortgages

A woman says she wants to buy her aunt and uncle's house. She has a portfolio of assets worth two point two million dollars, but no retirement savings. The couple is looking for help with the money they will need in order to pay off their debts. They are considering taking out a reverse mortgage so that they can extract some equity from their home by selling it at below market value. But this may not be an efficient way to get the job done if you don't have any other options.