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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (29121)4/6/2005 3:42:19 AM
From: damainmanRead Replies (2) of 306849
 
"Theory here would have it that I should sell my house, buy a new car, pay for the dental work and then buy my house back cheaper in a few years with the leftover windfall from the RE bubble."

Would a reverse mortgage work also for those qualified? Get the bank to give you a reverse mortgage for the appraised price, live like a king until its time to croak ,and let the bank worry about the left-overs!
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