Is a reverse mortgage a good idea for elderly friends?

They own a small farm with a modest home and a barn but it is in an area where many fancy housing additions are going up. Their Social Security checks are very small and they have no other monthly income or savings accounts. Both are in their late 70's and they need more income. Would a reverse mortgage be a... show more They own a small farm with a modest home and a barn but it is in an area where many fancy housing additions are going up. Their Social Security checks are very small and they have no other monthly income or savings accounts. Both are in their late 70's and they need more income. Would a reverse mortgage be a good idea for them?

They have adult children who would like to buy the farm if the parents will hold the mortgage. I have doubts that they could/would keep up payments to their parents.
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