Reverse Mortgages

I just read the below referenced CNN news article regarding reverse mortgages. From what I could discern, North Orange County and all borrowers  need to really do their homework before purchasing a reverse and/or any mortgage product.  The article is a must read for perspective borrowers.

http://money.cnn.com/2011/02/01/pf/expert/reverse_mortgage.moneymag/index.htm