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Strudel Man
May 19, 2003
ROME DID NOT HAVE ROBOTS, FUCKWIT

loquacius posted:

For real though, what does "reverse mortgage" mean, do you like give the bank a bunch of money and let them live in your house until they pay it back or what
It's available for old people who own their home, mostly. The bank pays you money every month, and gets your house when you die.

It's not a scam per se, though the specific terms may or may not be favorable depending on the actual value of the house.

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