Re-Posted by Permission: Dr. Jack Guttentag has been a pioneer, educator, advocate and watchdog for many years. His work in the industry has been invaluable. This article about using the Reverse Mortgage for Home Purchase continues to underscore his commitment to getting pertinent truth out to the public. 90% of Real Estate professionals don’t even… Read More…
This article is re-posted by permission of the Author: One of the bum raps against HECM reverse mortgages is that their upfront fees are too high. It is a dumb rap as well, because it is based on a comparison with standard mortgages, which aside from the fact that both are secured by a property,… Read More…
Originally Published under the title: Using a Reverse Mortgage to Avoid Impoverishment. This article is reprinted by permission in its entirety: Retirement has become a frightening prospect for millions of Americans who haven’t made adequate financial preparation for it, yet face the likelihood of living much longer than any prior generation of retirees. The Center… Read More…
Guest Post By Michael L. Banner (Author) Reprinted by permission from NAELA News, December 2013/January 2014. © 2013 NAELA News, National Academy of Elder Law Attorneys. NAELA is not affiliated with Security One Lending or endorse its product. HUD makes Far-Reaching Improvements to Reverse Mortgage Products. It certainly appears the only thing consistent about the… Read More…
Size of the Boomer and Senior Markets: 77 million people were born between 1946 and 1964, which is defined as the baby boomer era (U.S. Census). The first baby boomer turned 65 on January 1, 2011. An American turns 50 every 7 seconds—that’s more than 12,500 people every day (U.S. Census). The senior age group… Read More…
Genie McGee has more than eleven years of experience in the Reverse Mortgage industry. She started her career in the industry with Financial Freedom Senior Funding Corporation in 2002, and is now a Corporate trainer in Reverse Mortgage Sales Training with Urban Financial of America, LLC Let the Numbers Tell the Story – Do the… Read More…
A Colleague of mine Mike Bowers from Columbus Ohio sent this to me. I found it a powerful tribute to the professionals who sell real estate in the country. I was overwhelmed by what goes into a transaction. All I can say is thank you to all committed Real Estate professionals, you all are AWESOME!… Read More…
This article has floated around online for a few years. Not certain of the original author, but recent attributes go to Michael Snyder on his site. Regardless of some of the more apocalyptic musings, the content and subject matter is worthy of conversation. Any way we slice it, the baby boomers coming into retirement will live longer,… Read More…
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