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> It is reasonable to ask if a person's life would be better if they were able to extract some of the value from the house in exchange for other things. For exa
by rkuykendall-com 5y ago
> It is reasonable to ask if a person's life would be better if they were able to extract some of the value from the house in exchange for other things. For example, I can borrow against the value of my home and afford to go on more vacations, or a nicer car. It could fund my retirement, even.
Isn't this a reverse mortgage?
- dnadler 5y agoYup, that’s one common way to do it.