Maggie is widowed. She owns her home which is free and clear of a mortgage. We looked at the possibility of doing a reverse mortgage for her. Her retirement income wasn't enough for her to live comfortably each month and she was getting desperate. Her friends told her to get a … [Read more...] about My Favorite Reverse Mortgage I’ve Done So Far
All Posts
Jumbo Reverse Mortgage
Because reverse mortgages are much misunderstood, and because there is a new type of jumbo reverse mortgage that most homeowners don't know about, I'm going to write a series of posts that give real-life stories. Reverse mortgages are much more versatile than most senior … [Read more...] about Jumbo Reverse Mortgage
8 Ways to Secure Your Home When You’re on Vacation
Securing your home when you go on vacation can make coming home much more pleasant. Going on a vacation can be something you look forward to for months. Packing bags, dealing with pets, making sure you haven't forgotten anything — all are part of the equation leading to that … [Read more...] about 8 Ways to Secure Your Home When You’re on Vacation
Gift funds – 25 Percent of First Time Home Buyers Say Yes
Using gift funds for your downpayment? For first-time home buyers, the lack of down payment is among the greatest roadblocks. Family members willing to pitch in financially are a boon to getting into a home sooner than it would happen otherwise. In fact, 25 percent of … [Read more...] about Gift funds – 25 Percent of First Time Home Buyers Say Yes
How to Best Take Advantage of Falling Interest Rates
By now you’ve heard that the Federal Reserve dropped its key interest rate by .25%. How can you best take advantage of these falling rates? I have clients who want to refinance for any number of reasons but originally thought the best approach was to wait for rates to drop … [Read more...] about How to Best Take Advantage of Falling Interest Rates
Staycation – No-brainer time off
Why not eliminate the need for airports, packing and unpacking bags, and paying for hotel rooms while using up that precious vacation time? You can if you plan a staycation — something increasing in popularity and fast becoming an art form. Like all art forms, it takes a bit of … [Read more...] about Staycation – No-brainer time off
