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The major problem with a revers mortgage is: The interest on the mortgage is usually higher than the growth rate on the home The interest
The major problem with a revers mortgage is: The interest on the mortgage is usually higher than the growth rate on the home The interest on the annuity payments are taxable There are strict limitations on the use of the mortgage proceeds A reverse mortgage allows seniors to stay in their homes longer than they should
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
