This is not as unreasonable as it might sound, indeed it’s absolutely achievable. This was all new to me and I found this information fascinating. Everybody has a dream for their retirement. Some folks want to downsize and travel more, others would like a larger home maybe to accommodate more family visits. Many seniors prefer the active… Read More
Video: Is a Reverse Mortgage Right for You? What You Should Know. There’s a lot to consider when researching the pros and cons of a a reverse mortgage. This video gives you some basic facts about every reverse mortgage, so that you’ll know what questions to ask before you contact a mortgage lender. One other… Read More
We don’t hear as much about Bridge Loans as we used to, and though they were nearly nonexistent for a while they seem to be creeping back into favor. A bridge loan may not be the most financially prudent option, interest rates are higher and the amount of time you will carry the loan is… Read More
With the number of retiring homeowners projected to expand seemingly exponentially in the coming years, I went on a quest for more ideas on how to maximize your Real Estate investment to help underwrite retirement expenses. For your consideration: the Home Equity Conversion Mortgage (HECM) – a Federal Housing Administration’s (FHA) reverse mortgage program, which… Read More
You’ve seen the television commercials. A well-known actor sings the praises of reverse mortgages and promises fast debt relief if you agree to one. But what is a reverse mortgage? Do you qualify for one? When should homeowners consider a reverse mortgage? What Is a Reverse Mortgage? A reverse mortgage is a loan available to… Read More
