I’d consider selling the house with a life estate provision. I’d not consider a reverse mortgage.
Interesting. Is there a market for houses with life estate provisions?
what is a life estate provision?...bob
It means you don't own your home, but do own the right to live in it for the remainder of your life, after which the remainderman gets control of it.
That sounds like you sell the house but a condition of the sale is that you have a lifetime lease to live there at no extra charge. But the devil would be in the ''fine print''. Read carefully. There will be conditions under which the lease would cancel.
Patriotism (and religion) is the last refuge of a scoundrel. Jesus: "Take heed that no man deceive you." Hebrew Roots Judaizer
