Discuss.
Y'all sure have a hard on over this.... Selleck doesn't own AAG. Just a spokesman. That makes Pat Boone, Robert Wagner and a number of others scumbags too? I actually had a neighbor down in Florida that did a reverse mortgage on their home to free up cash for them to enjoy their retirement. No idea who they used, AAG or some other company. No kids to have fighting over inheritance. It worked for them. They actually sold the home and went into a retirement community after about 5 years.To dig deeper….I actually called Tom’s company to do a reverse mortgage on our paid off house. They offered half its appraised value….. and you sign over the house…. They own it unless you pay back the loan with rediculous interest.
The guy is a scum bag using his name to rip off the elderly and their families
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Blueone, don’t be a hater. Maybe this is the audience Tom is hoping to reach! If only he would stop that restraining order and take your call.I Hope @Blueone realizes that Tom didnt invent the reverse mortgage, and doesnt administer the plans. I would think his hatred would be better placed at the banks that developed this scheme.
I have never seen one of these commercials, I didnt even realize the Tom advertised for them until blue mentioned it in another thread.
I hope no one thinks I think that reverse mortgages are a sound plan, I only know of 1 person (my next door neighbor) who has done it, and it allowed her to stay in her home a good 15 years after the mortgage until her death, she would have never been able to do that otherwise. The bank is going to take a beating on this one, it is going up for sheriffs auction before long, the sheriff texted me friday and told me they are finally starting the process. Some of her extended family moved into the house towards the end of her life and have trashed the place, I am considering buying it, turn it into a rental so I can control who lives there.