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March 2014 » 20 Questions about Reverse Mortgages
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Thomas Tribunella, PhD, CPA, and Heidi Tribunella, CPA
The reverse mortgage is becoming a popular financial planning tool, especially for retired individuals with limited savings. This article answers common questions about reverse-mortgage transactions that CPAs might encounter when helping homeowners make important financial planning decisions. Furthermore, it considers the new rules for reverse mortgages, which take effect in 2013 and 2014.
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