Latest / The Paul Truesdell Podcast
Home Equity Rape - Yes, I Said It
For most retirees, the home is the largest asset they own. It is not just a roof overhead; it is the result of a lifetime of saving and sacrifice. It is also the last great guarantee of inheritance that can be passed to children and grandchildren. That is why home equity has become the latest target of financial schemes, dressed up as “innovations” but in practice designed to strip away security and legacy.
The most common products pushed on retirees are home equity loans, home equity lines of credit (HELOCs), and home equity agreements (HEAs). Each promises quick access to cash. Each carries…
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