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Reverse Mortgages Senior Citizens

Margie Said:

Is there an inexpensive alternative to an electrical company?

We Answered:

There is nothing you can do to lower your bill with a cheaper alternative. With a windmill you could give power back to the electric company and get credit (at least in some states) but the cost of a windmill is a few thousand bucks...more like the cost of a new car.
I think the best you can do is find ways to lower other expenses. You could write to your Representative or Senator asking for advice and maybe they know of a program that would qualify your grandparents.

George Said:

What is Ancestral Property?

We Answered:

Ancestral Property is a property that has remained unpartitioned in the family for 4 generations.

There has to be a chain of documents proving your 'Clear Title' to the property.

There should be a document to prove your father's ownership to the property.

Your father then bequeathed the property to you thru a will. The 'will' has to be probated in court. The probate order of the competent court is your document of ownership.

With the help of this chain of documents you have to mutate the property in the revenue records.

HMT

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