Retire Right: Most Common Uses for a Reverse Mortgage
In general, I believe there are three primary categories of the ways that homeowners use a reverse mortgage: needs based, lifestyle based and planning based.
Retire Right: Why Reverse Mortgages Can Be Confusing
I have had clients in the past tell me that reverse mortgages are confusing, and I do not disagree, they certainly can be confusing.
Retire Right: Would you rather be house rich or cash rich?
When you retire, would you rather have $500K of home equity and no cash in the bank? Or would you rather have $500K of cash in the bank and no home equity?
Colorado Scores Multiple “Bests” in 2022
Rated exceedingly well for desirable factors like a high quality of life, a robust job market, and strong economy, Colorado appeared in the top ten on multiple “best of” lists published in 2022 by analysis websites U.S. News & World Report and WalletHub.
How does a HECM or Reverse Mortgage actually work?
In one sentence, a HECM/Reverse Mortgage is a home equity loan that does not require traditional monthly payments.
