Buy Car with Reverse Mortage Funds
+4
Walter Cabe
Nini Stone
Linn F
Cherry Pearl
8 posters
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Buy Car with Reverse Mortage Funds
I'm thinkiing about the reverse mortgage and I also need a new car, at my age it will probably be my last one. Can I use the money to buy a car?
Cherry Pearl- Posts : 20
Join date : 2008-01-29
Re: Buy Car with Reverse Mortage Funds
I'm not 100% sure but I would think you could buy anything you want.
Linn F- Posts : 20
Join date : 2008-02-05
Re: Buy Car with Reverse Mortage Funds
Yes you should be able to buy a car. Just becareful when you start buying you only have a limited amount of funds that have to last.
Nini Stone- Posts : 17
Join date : 2008-02-04
Re: Buy Car with Reverse Mortage Funds
You can buy what you want with the money, but as a senior myself I can tell you from experience you need to be careful how and when you spend your money that you get.
Walter Cabe- Posts : 23
Join date : 2008-01-28
Re: Buy Car with Reverse Mortage Funds
If you are going to invest in a new car you might want to take someone with you. I know women can buy cars on their own now but for some reason it seems like the car salesmen just don't give a woman as good a deal. That is my wife and my experience.
Ralph J- Posts : 20
Join date : 2008-01-28
Re: Buy Car with Reverse Mortage Funds
I haven't had a new car in years and will probably never get one now as I'm limited to where I can drive now. You go Cherry Pearl, get a good looking red car for me and enjoy.
Foster Brown- Posts : 20
Join date : 2008-01-28
Re: Buy Car with Reverse Mortage Funds
Oh no Cherry I always wanted a "White Cadallic" get that one they are beautiful.
Sun Shine- Posts : 20
Join date : 2008-02-05
Re: Buy Car with Reverse Mortage Funds
Well I'm going to ask for a Lincoln Escalade I think they are beautiful and I'd also like a driver please.
Lizzy B- Posts : 23
Join date : 2008-02-05
Similar topics
» WHAT IS A REVERSE MORTGAGE
» How can you get a reverse mortgage if you are under 62?
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» Why is a Reverse better than Traditional Loan
» Can you write off the interest that accrues on a Reverse Mor
» How can you get a reverse mortgage if you are under 62?
» Reverse Mortgages are expensive
» Why is a Reverse better than Traditional Loan
» Can you write off the interest that accrues on a Reverse Mor
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