I can understand the reluctance to lend to seniors...they can "kick the proverbial bucket" anytime. But then the bank could re-possess the home/condo (if that was in question) and still make a killing. Any other loan, say for remodeling, could be problematic....
Ugh. 😞
I can understand the reluctance to lend to seniors...they can "kick the proverbial bucket" anytime. But then the bank could re-possess the home/condo (if that was in question) and still make a killing. Any other loan, say for remodeling, could be problematic....
A sobering truth, Joan. Thank you for this.