“Hell NO”

“Hell NO”



Mr. Petrowsky,

Your name was given to me by my financial advisor. I have brought up the topic of doing a reverse mortgage and he told me you are the person I should talk to. Some basic info is that I am 71 and not in the best of health. I keep seeing ads about reverse mortgages and it seems to make sense, but want to talk to someone that knows more about it than seeing an ad on TV. At your earlies convenience can you give me a call a 413 XXX-XXXX.




This is definitely one of those cases, that because you see a commercial about reverse mortgages you think it may be a good idea. For sure not the case.


Sure, in some situations it may be a good idea, but most folks that I speak to, it makes no sense to do.


The simple answer for this scenario is that Don has enough assets to maintain the same lifestyle he has for years to come. A reverse mortgage is not needed.


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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 4 commentsJoe Petrowsky • March 13 2020 08:01PM


Good morning Joe. Sometimes the best advice is to do nothing. Some cannot give that advice. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 10 months ago

Good morning, Joe Petrowsky reverse mortgages are promoted now more than ever....and you're right.... they are not for everyone.... but they ARE for certain folks who qualify and have no other assets....

Posted by Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Retired ) 10 months ago

Loved your title "HELL NO"

Happy Day My Friend

Posted by Beth and Richard Witt, Long Island Cash Home Buyer 516-330-6940 (Long Island Cash Home Buyer) 10 months ago

Good morning Joe. Glad to see and read this. Not everyone in the business has your kind of integrity.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) 10 months ago