Changes to the HECM reverse mortgage have made it very safe. However, it is much harder to get and not everyone will be eligible, but for those that do qualify, it can be a terrific way to augment your retirement plan. &nb
I would like to comment on this Washington Post article to put aside the guess work and focus directly on what a reader or potential homeowner should realistically expect from a reverse mortgage given this situation. Here's the facts. The
I am constantly hearing about asset protection strategy regarding Medicaid or other entitlement programs. If you go too far on the strategy you could end up with only two beans in your pocket. Not everyone is comfortable with giving funds away and the fiv
Good Huffington Post article that brings up a very important point which I have stressed in previous blogs. In answer to the title's question, no you shouldn't wait. When a retiree really doesn’t have a comprehensive plan, waiting to t
The constructive nature of the use of a reverse mortgage is the key take away from this article. The government has changed the program to protect retirees not only from getting in trouble with the program but also from themselves. Big brother
Nice article on the benefits and practical applications of a government insured Reverse Mortgage that are simple and easy to understand. The problem today is that very few people want to plan. Most people prefer to seek out a Reverse Mortgage