My mom had a RM on her home after dad passed. It was good for her at the time, I guess. By the time she passed, she had used up most of what they allowed her. I was the executor of her estate. The mortgage company gave us 120 days to sell the home and pay off the loan, or they would foreclose on it. Luckily, we found an immediate buyer and was able to pay back the loan and pocket a little $$$ for ourselves, otherwise we would have got nothing. Now knowing more about how it works, I would NEVER do it myself. I plan on passing my property to my children debt free.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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