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  • Delay Social Security: Funding the Income Gap with a Reverse Mortgage

    The Most Important Decision Most Boomers Will Make This article is reprinted by permission of the Author. To see the the complete 8 page Study Click HERE Dr. Davison has been an excellent contributor to the Financial Planning community for many years. Regarded as thought leader within the field. We are grateful that he has Read More…

  • FHA Condo Approval Overview

    What are the Facts about FHA Condo Approval? In the Greater Philadelphia Region, Condo developments and associations put themselves at a significant disadvantage if they don’t have FHA Approval.  Below are a few articles that discuss the issue.  Feel free to contact us after you review how your development may qualify for a zero cost Read More…

  • Should Condo Owners Press Their Boards to Seek FHA Approval? – Dr. Jack Guttentag

    February 20, 2014 If a condo meets FHA approval, purchasers of units in the condo are eligible for FHA financing. This is advantageous to existing residents who want to sell their units, or may want to in the future. It is also advantageous to existing residents who want to stay put but anticipate that at Read More…

  • 7 Benefits of FHA Condo Approval – Pro’s, Con’s and Common Misconceptions

    What are the 7 Benefits of FHA Condo approval? Is there a benefit to having your Condo Development approved by FHA?  Absolutely!  Here’s why. 1. FHA Condo Approval Dramatically Increases the Pool of Potential Buyers Statistics show that approximately 60% of new home buyers intend to use an FHA Loan. If your community does not Read More…

  • Should a Condo Become FHA Approved? – What Every Owner Must Know

    Why Should a Condo Become FHA Approved? I have heard this several times in the past couple of weeks and will answer it here as it pertains primarily to my home state of Pennsylvania and its immediate surrounding area.  (Although, this information can be used in many other states as well) The majority of the Read More…

  • 7 Things You Should Know About FHA Loans – And How It Will Affect Your Home Values!

    If Your Development is NOT FHA Approved, You May Be Losing Out! Here are some facts. 1. FHA Loans Are Not Only For Lower-Income Borrowers. FHA loans are available to everyone. In fact, even Bill Gates can get one. There is no maximum income restriction associated with FHA loans. Borrowers do need to substantiate income Read More…

  • FHA Condo Approval Requirements: Sellers and Buyers Beware – Article Repost

    Why Should a Condo Get FHA Approved? This article originally appeared:  http://www.maxrealestateexposure.com/sellers-buyers-beware-fha-condo-approval-requirements/ and was provided by Bill Gassett, a Nationally recognized leader in his field. What should buyers and sellers know about FHA condo approval requirements? Plenty! First and foremost you should know that having FHA condo approval is super important. If you can get one, an FHA loan is Read More…

  • HECM Calculator and 12 Fast Facts

    Here a few facts and a quick way to determine what a client may be eligible for in proceeds  Reverse Mortgage Fast Facts Age 62 and Over Borrowers Principle Residences Only All Liens (Mortgages, Home Equity Loans etc) Must be Paid off From Reverse Proceeds First No Monthly Mortgage Payments Required No Minimum Credit Score Read More…

  • Increasing Portfolio Longevity with A Reverse Mortgage Tenure Payment – A Money Guide Pro Analysis

    One of the things on the minds of all advisors and clients is the question “Will I outlive my Savings”.  Indeed a fair question given the advent of the Baby Boomers. They will live longer, have saved less and are more indebted than prior generations.  The discussion on the table today is simple. Can we Read More…

  • Can A Reverse Mortgage Help Manage Retirement Income Risks? – Case Study

    How can the devastating impact that Sequence of Returns Risk poses to a retirees savings be mitigated by a Reverse Mortgage? Every financial advisor understands the profound differences between the accumulation phase of a retirement plan and the distribution phase. Primarily the dangers that come with beginning account withdrawals during a bear market.  Better known Read More…