24 November 2010 ~ 0 Comments

Should Retirees Consider Reverse Mortgage

Some retirees have a financial plan that entails selling their current home and moving into an apartment or smaller home.  The proceeds from the sale would be used to help fund their retirement.  It might sounds like a good plan, but with the current economy and with home prices the way they are, the amount [...]

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06 August 2010 ~ 0 Comments

Reverse Mortgages or Relocation? A Guide for Retirees Ready to Enjoy Their Home Equity

If you’re like most people, you’re ready to retire at the age of 65 but need some way to supplement your income after the paycheck stops arriving. The good news for today’s retirees is that all of those years spent diligently paying down your mortgage makes your home a virtual bank from which you can [...]

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