Reverse mortgages are catching on with seniors
"Reverse mortgages are a useful tool for some people," said Lori Trawinski, senior strategic policy advisor with the AARP Public Policy Institute. "They can enable retirees to age in place, but we always emphasize that these are loans, and as such, borrowers have obligations." Among those o...
The pros and cons of reverse mortgages: they provide supplemental income for seniors and are available in Alaska. 来自 findarticles.com 喜欢 0 阅读量: 8 作者: Barbour, Tracy 年份: 2006 收藏 引用 批量引用 报错 分享 全部来源 求助全文 ProQuest highbeam.com findarticles.com 相似文献...
Subprime mortgages entail higher ri... EV Murphy 被引量: 14发表: 2007年 Properly Assessing the Reverse Mortgage Option: Know the Costs, Benefits, and Alternatives for This Retirement Funding Tool Many seniors are facing foreclosure, while others are unable to meet their basic needs, such as ...
Strapped retirees are turning to reverse mortgagesReverseLoansforSeniors.com
(Real) Estate Planning: Adult Children of Seniors Considering Reverse Mortgages Are Being Introduced to the Product Either as Interested Family Members or as Their Patents' Representatives. This Natural Marketing Loop Is Recruiting New Consumers for the Product Magazine article By Yeary, Robert D. ...
A reverse mortgage may benefit seniors who are "house rich," with abundant home equity but short on cash flow for day-to-day expenses. Be aware, however, that your balance will rise, and your home equity will fall over time. Ultimately, you or your heirs must still repay the loan, ...
Reverse mortgages Here are some ideas for using each of these. Regular savings Versus IRAs and 401(k)s When it comes to retirement savings, it’s all about when you pay taxes on the money. You’ve already paid taxes on the money you deposit in a regular savings or investment account. ...
(Turned out, she was just trying to bilk seniors, but that's not the point). More Thanks Don (12) Report mariaStar, ID Reviewed Aug. 21, 2023 I have used this website for quite a few years. When I started, the website was good. Now it's all new and it works like crap...
I, for one, would not want to live in SFO, even though, I can afford to live anywhere, but I choose not to live in such a depressing place as SFO. In the end, we all make our decisions. Yes, mortgages are going up. Prices will go down, because people can ...