How Simple Mistakes Can Cost Families Thousands of Dollars By Maury Osbourne Imagine being 82 and finding out your life insurance policy was canceled over a lapse in payments you weren’t even aware occurred. Yikes! That’s exactly what happened to Chicago octogenarian Dolly Janowiak, who lost her $100,000 policy after she accidentally failed to pay …
A recent news story about a Florida retiree facing foreclosure after discovering an undisclosed reverse mortgage serves as a sobering reminder: assumptions about real estate can be financially dangerous. In that case, a son believed his late mother’s home was fully paid off. Years later, he learned a reverse mortgage had been taken out decades …
Read more “What a Recent Reverse Mortgage Lawsuit Teaches Families About Hidden Liens”