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To: MulhollandDrive who wrote (8494)11/4/1999 1:31:00 PM
From: Zoltan!  Read Replies (1) | Respond to of 769670
 
>>Foreclosure is a possibility with a reverse mortgage

I don't think so. They are non-recourse loans.



To: MulhollandDrive who wrote (8494)11/4/1999 1:31:00 PM
From: Neocon  Respond to of 769670
 
That is an astute psychological point. My mother-in-law (RIP) was always fretting about the supposed degradation of the area they lived in, and about property values. In fact, the area looks as good as ever, and, after my father-in-law's death, the house sold at a good price.....They were between Ward Parkway and State Line, on 72nd Street, about a quarter of a mile from Mission Hills.....