A smart way for seniors to tap home equity
Wade D. Pfau
Mississippi retiree Richard Blackmon couldn’t fathom leaving the three-acre compound that he calls home. But debts that built up during his working years were draining his bank account and leaving him increasingly stressed about money. When he saw an advertisement about a loan that could allow him to tap home equity without the need to repay until after he died, he initially thought it was a scam.
Kristof, Kathy, "A smart way for seniors to tap home equity" (2017). In the News. 2114.