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|Mon, 01-23-2012 - 12:04pm|
There is a piece on Insight's page about a woman in Detroit that is a 101 years old. This woman in 2006 got a reverse mortgage on her home of 65 years for the amount of 34,000 We all know that the banks never give more then 80percent of the value of the home. If you are in the USA then you know that Detroit is in really bad shape value wise. In fact the city just went bankrupt.or is talking about it anyway.