Retire Right: Don’t blame the product
The HECM has been blamed for causing problems for some seniors in the past which has unfortunately given reverse mortgages a bad reputation, but the reality is, the problem is not reverse mortgages.
Retire Right: Do We Have a Looming Housing Crisis?
You do not need to look very far to find something that points to the fact that we have a looming housing crisis on our hands in this country.
So, let’s break some of these issues down and get a better understanding of the challenges and what we can expect going forward:
Retire Right: Advantages of making payments on a home equity conversion mortgage
You might ask yourself, why would I want to make mortgage payments if I’m not required to make mortgage payments? Well, there are a few advantages of making payments with a reverse mortgage that you don’t necessarily get with a traditional mortgage. So let me explain.
Retire Right: Why reverse mortgages had a bad reputation
Over the last 35 years, there have been dozens of changes and improvements to make reverse mortgages better and safer than they had been historically.
To wait or not to wait, that is the question
As Americans, we are typically very reactive versus proactive. I am here to tell you that nothing gets better with time except fine wine and cheese (at least that is what I am told). Let’s take a few examples that many of us can relate to in our everyday lives. Let’s...