It is important for the professional advisor to be skeptical on behalf of the client.
It is important for the client to be skeptical as well.
Being skeptical slows down the process.
It is important to be the turtle and not the hare.
A skeptic wins when he/she crosses the finish line last.
Getting a reverse mortgage is not a sprint. Rather, it is more like a marathon.
Take your time. Get the facts. Ask questions. Lots of questions. But first do your homework. Ask a question or questions you definately know the answer to. Then compare the "advisor's" answer.
It is OK to speak w/ family and friends......PROVIDING THEY KNOW WHAT THEY ARE TALKING ABOUT AND THEY ARE NOT REPEATING SOME OF THE MISCONCEPTIONS THAT ARE TREATED AS FACT.
It is OK to speak w/ a "professional advisor"......PROVIDING THEY KNOW WHAT THEY ARE TALKING ABOUT AND THEY ARE NOT REPEATING SOME OF THE MISCONCEPTIONS THAT ARE TREATED AS FACT.
I repeat: Do your homework..... Then ask a question you know the answer to. Then compare the response that you get.
Determine the plusses and the minuses.
The positives and the negatives.
The advantages and the disadvantages.
Utimately the decision is yours alone. You should never delegate this responsibility.
By following these rules will you make the next years of your life the best years of your life.
I'm rooting for you.
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