search

The Real Deal Logo

Trending

Michael Stern pays $61M for Brickell site of Dolce & Gabbana supertallMichael Stern pays $61M for Brickell site of Dolce & Gabbana supertallBushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160MDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it outGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouse
New York

Reverse mortgages an ATM — for some

Sign Up for the undefined Newsletter

Want to turn a home into a cash machine? Try a reverse mortgages, some financial advisers say. It basically allows homeowners to take out a line of home equity credit they won’t have to repay while they live in the home. Technically, though, reverse mortgages aren’t a home equity loan. And they’re not for the younger among us. more [NYT]