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reverse mortage.
by arun adalja on May 31, 2007 06:15 AM

no doubt article gives lot of information but i want to ask certain things which knowledge person can reply me.
i am 62 years old and i have a property having market value of 25 lakhs and i want to go for reverse mortgage,and i want to get rs 15000 per month for my expenses for 10 years.is it possible?if not then what amount can i get under this scheme.please reply.

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