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Retirees, Seniors and Controlling Debt in Retirement.
When people retire, they often go from receiving a pay check every two weeks to a fixed income. Many may also have businesses that they have just sold. Now with this comes freedom but with this new found freedom there is an expectation that the lifestyle that they are accustom to will continue. This can be a wonderful experience as long as the available income and savings can support the new found freedom. Whether you are thinking about retirement or you have been retired for some time it is never too late to assess your monthly cash flow situation. It is impor...
March 4th, 2016 | Retirement security, Real Estate Economy, Reverse Mortgage, supplemental retirement income, Retirement income insecurity, HECM Reverse Mortgage, Financial Planning, Seniors, Retirees, Seniors and Controlling Debt in Retirement.
Rentership Defined!
It would appear that we may have a new word candidate for the mighty review board at Webster's. Rentership is a new phenomenon that is pervasive throughout our real estate economy. It is hidden below the radar and often not breached in conversation due to its unpopular appeal. Regardless, Rentership defines the thousands of homeowners that are stranded in properties where the mortgages owed, plus the costs to sell, exceed the value of the home. These owners are defined as renters with full ownership responsibilities. When the roof needs replacing, or the appliances ...
December 12th, 2014 | solutions for underwater properties, Traditional Mortgage, Rentership, Real Estate Economy, Rentership Defined!
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