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The Pitfalls of Reverse Mortgages and HELOCs

When it comes to getting the equity from your home without just selling it, it can sometimes feel like trying to get water from a stone. There are a lot of hoops that you must jump through to gain access to that money, despite that fact it’s your financial asset. Here are some of the biggest Pitfalls of Reverse Mortgages and HELOCs, which are the most common ways people gain access to their home equity without leaving their home. While these options are likely tempting if you need access to liquid cash in the very near future, make sure you...

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The Pitfalls of Reverse Mortgages and HELOCs

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