4 Ways to get money out of a house for retirees.
invite response
2011 Apr 13, 4:22pm 1,027 views 1 comment
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American in Japan
2011 Aug 21, 12:31pm
American in Japan
2011 Aug 21, 12:31pm
An older story but I wonder if any have tried these on their own.
http://finance.yahoo.com/focus-retirement/article/112539/retirement-cash-out-your-house
1) Sell it.
2) Rent it.
3) Borrow on it.
4) Get a reverse mortgage on it.
How many will be doing each? I have a feeling that the 4th possibility will be increasing chosen.
#housing