Downsizing & Purchase
Increase Your Sales by Helping Boomers and Downsizers!
REALTORS® looking to Increase Their Sales are INVITED to Learn a Little Known Strategy to Help Senior Homeowners Downsize to Increase Retirement Income Security. Tap into the fastest growing segment of our population (10,000 Americans are turning 65 each day). Join us to learn the Ins & Outs of building your business with the local […]
Seminar: Downsize & Increase Retirement Income Security. The Silver Tsunami is Here!
REALTORS® looking to Increase Their Sales are INVITED to Learn a Little Known Strategy to Help Senior Homeowners Downsize to Increase Retirement Income Security. Tap into the fastest growing segment of our population (10,000 Americans are turning 65 each day). Join us to learn the Ins & Outs of building your business with the local […]
Reverse Mortgages With A Twist
As retirement nears, many older couples consider refinancing their mortgage on their current home. But there may be better financial options. One is the equity conversion mortgage (HECM) for purchase, a type of reverse mortgage. It could allow you to downsize your current home, buy a new one, and eliminate monthly mortgage payments. Read more about the […]
Downsizing for Dollars
Do you know you can change your financial position by downsizing your home? The link below illustrates how you can sell your current home, and then increase your investable assets when you purchase a new one. Read more to find out how you can eliminate monthly mortgage payments and increase cash flow during retirement: Downsizing For […]
How Retirement Is Changing in America
Between 1998 and 2012, the share of adults age 65 and older with household debt increased from 30 to 44 percent. Read more about how increased debt has changed retirement has changed retirement in America HERE
The Reverse Mortgage: A Strategic Lifetime Income Planning Resource
Many retirees face the prospect of running out of money as they age. The reverse mortgage is a financial instrument that can brighten the financial prospects of older Americans and reduce the chances of an old age spent in financial straits. Read more from the NRMLA website HERE
Reverse Mortgage Pros and Cons for Homeowners
According to the Center for Retirement Research, a reverse mortgage makes sense for people who don’t plan to move, can afford the cost of maintaining their home and want to access the equity in their home to supplement their income. Read more to see the pros and cons of Reverse Mortgages and if they could […]
NRMLA: Seniors Holding Nearly $6 Trillion in Home Equity
Seniors drove their share of home equity to $5.76 trillion and rocketed the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) to an all-time high in Q3 2015 of 200.19 as reported by The National Reverse Mortgage Lenders Association (NRMLA). Read more about seniors and home equity from NMP online HERE
Financial Fallout from ‘Gray Divorce’
People over age 50 who go through “gray divorce” have large negative financial consequences at just the wrong time –around retirement . The Home Equity Conversion Mortgage (HECM) is the Federal Housing Administration’s (FHA) reverse mortgage program which enables you to withdraw some of the equity in your home. It works like a line of […]
