Reverse Mortgage Pest Alert Service

The Reverse Mortgage Pest Alert system is designed to help monitor the reverse mortgage industry. We believe that reverse mortgage is full of more disadvantages and pitfalls than advantages and that many are not informed of these “Pests” of reverse mortgages. This has led to our developing the reverse mortgage pest alert system. When you sign up we send you a comprehensive list to alert you of all known reverse mortgage disadvantages. As new ones are identified we send you a reverse mortgage pest alert email. 

You may wonder why you need to sign up for such a service. The truth is that if you are a mortgage practitioner or considering a reverse mortgage soon you should be interested to understand fully the pros and cons associated with reverse mortgages. You get to hear of the so called benefits of reverse mortgages everywhere but no one bothers to alert you of the disadvantages or pest involved. Here are some examples. 

Reverse mortgage proponents will always tell you that one of the advantages of reverse mortgages is that you do not risk losing your home. However they fail to mention that you are responsible for all the financial obligations related to the house such as insurance and estate fees and failure to meet up with these puts your home at risk. They also do not speak too loudly to remind you that they profit at your death, leaving your heirs without your house to benefit. 

Reverse mortgage HECM loans would help you live your retirement age in comfort, at least so they say. What they fail to add is the huge cost associated with getting the loan, or the fact that the loan is usually well below the value of the house. Also, that a reverse mortgage loan might disqualify you from some Federal and State benefits such as Medicare and Social Security. 

To order for the Reverse Mortgage Pest Alert service is easy. The service cost just $88 a year.

Please contact us.