Statistics show a large number of home buyers paying cash for homes. Is this the best strategy for retirees and older active adults? Many people, regardless of their age, have been having difficulty obtaining a mortgage. Once a mortgage
Mar 21, 2014 | FHA Government insured mortgage Reverse Mortgage Retirement Planning Reverse to Purchase Mortgage HECM Reverse Mortgage HECM to Purchase HECM for Purchase
How should we feel about homeowners possibly not getting a fair shake with their lenders? I think we can all agree that it is pretty clear that underwater homeowners and those struggling to make their payments want to be treated fairly. Here is wher
Mar 05, 2014 | Short Sales Mortgage Loan Process Traditional Mortgage
In the world of financial products, especially for seniors and retirees, a financial endorsement or cautionary note from an organizational body such as FINRA (Financial Industry Regulatory Authority) can make or break perception. Until recently FINR
Feb 21, 2014 | Retirement Planning Reverse Mortgage HECM Reverse Mortgage supplemental retirement income FINRA
Many are beside themselves while others have expressed a sense of panic to me regarding the expiration of the Mortgage Debt Relief Act and their decision to do a short sale. The law, or otherwise termed grossly generous entitlement, is over. I
Feb 12, 2014 | Short Sales forgiven mortgage debt solutions for underwater properties mortgage debt relief act mortgage debt forgiveness act
At the stroke of midnight on 12-31-13, as we celebrated the New Year and listened to the historic hymn of Ole Lang Zine, the US Treasury vault door slammed shut. For those that could hear beneath the noise and celebration, the echo of “No more
Jan 15, 2014 | Short Sales solutions for underwater properties mortgage debt forgiveness act mortgage debt relief act Debt Mitigation
We are all aware that the low interest rate environment has had devastating effects on seniors and retirees in general for many years. This is not something new but the recent trends, in conjunction with the devastation many retirees experienced with thei
Dec 02, 2013 | lifetime income with a Reverse Retirement Planning Reverse Mortgage supplemental retirement income