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To: pezz who wrote (7384)10/6/1998 12:52:00 AM
From: Lady Lurksalot  Respond to of 67261
 
Pezz,

I have no knowledge whatsoever of real estate law in the State of New York. From what you are telling me, however, reverse mortgages are an even worse deal than I had previously thought, and I had a pretty low opinion of them. I'd proceed very carefully and would definitely look into alternatives for getting cash out of the property.

Holly