Reverse Mortgage‏ as real estate recovery solution

There are so many people suffering from the real estate meltdown going on that the moment. Many people who decided to let go of their homes in order to invest in a cheaper one and save the extra income for their pensions are now at a loss as to what to do since homes have now declined sharply in value.   Many people are being advice to do reverse mortgages. Here are a couple of facts about reverse mortgage. Reverse mortgage is only allowed for people 62 years or older and ...