Jan
22
Notes from the Field, from Alan Millhone
January 22, 2013 |
I have noticed a lot more ads on AAG reverse mortgages touted by Fred Thompson and Henry Winkler hawking another reverse mtg so you can rob the equity from your home. Anyone know any stats on how many poor souls lose their homes?
Also a lot more ads featuring Alex Trebek and the need for Colonial Penn burial insurance.
Regards,
Alan
David Lillienfeld writes:
Same experience here. My late sister-in-law insisted that if it was good enough for her cousin, it was good enough for her. Besides, she told me, the Fonz wouldn't think of misleading anyone. After all, he's the Fonz. When I finished talking with her, I called my nephew, and he started processing guardianship papers the next day. This was about 5 years ago, too. I have no idea what the fee structure is like now, but I can't believe it's improved much.
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