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Seniors

Bayard

(24,189 posts)

3. Ohh....

Reply to Paper Roses (Reply #2)

Wed Apr 8, 2020, 03:21 PM

Apr 2020

So you already did that.

I'm not a lawyer, but does it say anything in that contract about refinancing with another bank or credit union? I would think then, you could pay those people off, get a much lower rate right now (one good thing), put some cash in your pocket, and hang on to your house till the market improves.

Have you talked to a lawyer?

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Highlight:

Dear fellow Seniors: Do you have a Reverse Mortgage? [View all] Paper Roses Apr 2020 OP

I don't understand Bayard Apr 2020 #1

Thanks Bayard, this is the situation. Paper Roses Apr 2020 #2

Ohh.... Bayard Apr 2020 #3