The Dilemma of Senior Divorce

https://www.youtube.com/watch?v=zpJGG20iI3w&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=15 While the overall divorce rate is going down, the “late-in-life” divorce rate is on the rise. In fact, the so-called “grey and silver” divorce rate is the fastest growing segment in America. But what makes senior divorce more complicated is the division of assets accumulated over many years [...]

By |2024-06-12T15:07:40-06:00September 26th, 2024|Finance, Reverse Mortgage Information|Comments Off on The Dilemma of Senior Divorce

Realtors, Builders & Reverse Mortgages

Each day 10,000 people turn 62... and 46% will move during their golden years. If you’re a realtor or a builder, that presents you with a tremendous opportunity to expand your business in this untapped market. But with the prices of homes and building materials at historic highs, how do you get a potential [...]

By |2024-08-28T13:58:41-06:00August 22nd, 2024|Finance, Reverse Mortgage Information|Comments Off on Realtors, Builders & Reverse Mortgages

Children of Senior Homeowners

https://www.youtube.com/watch?v=88jbR7VsjO4&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=12 As a child of a senior homeowner, you have a growing concern about your parents as they age. One issue is that the configuration of your parents’ home may no longer meet their needs at this stage in their lives. So, what are your alternatives? Your parents could move in with you, [...]

By |2024-06-12T14:59:25-06:00August 8th, 2024|Finance, Reverse Mortgage Information|Comments Off on Children of Senior Homeowners

Buying a New Home Using a Reverse Mortgage

https://www.youtube.com/watch?v=QwJOE_3Hj_0&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=10 You’re a senior and you’ve discovered that your current home is no longer meeting your needs. You’d love to move to make life easier, but with home prices reaching historic highs, you simply can’t afford it. Fortunately, there is a way to double your purchasing power and move into a newer home [...]

By |2024-06-12T14:58:29-06:00July 9th, 2024|Finance, Reverse Mortgage Information|Comments Off on Buying a New Home Using a Reverse Mortgage

Financial Advisors and the Reverse Mortgage Line of Credit Strategy

https://www.youtube.com/watch?v=REh-1Dn2qRo&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=5 As a financial advisor, you may be overlooking a significant planning tool… a reverse mortgage line of credit. The government regulated and insured FHA Home Equity Conversion Mortgage or HECM is designed to help seniors of every economic stratum. As recent peer reviewed studies conclude, it can be an important strategic tool to [...]

By |2024-04-13T15:34:20-06:00June 20th, 2024|Reverse Mortgage Information|Comments Off on Financial Advisors and the Reverse Mortgage Line of Credit Strategy

The Effects of Inflation on Retirement

https://www.youtube.com/watch?v=xdUG6SqITxg&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=7 You’ve probably seen the headlines about inflation and how it is increasing the price we pay for everyday items like gasoline, food, and healthcare. But have you considered the impact inflation is having on your retirement savings? Social Security uses inflation as a benchmark to determine the cost-of-living adjustments it makes to [...]

By |2024-04-13T15:31:07-06:00June 6th, 2024|Reverse Mortgage Information|Comments Off on The Effects of Inflation on Retirement

HECM for Purchase

https://www.youtube.com/watch?v=yJSYISuoMog&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=6 Are you a senior homeowner that feels your home no longer fits your needs? You don’t need the additional family space anymore, and maintaining a large home is expensive and can be a drain on your time and resources. It might be time to downsize and move into a one-story home or [...]

By |2024-04-13T15:31:31-06:00May 23rd, 2024|Reverse Mortgage Information|Comments Off on HECM for Purchase

Reverse Mortgages & The Sandwich Generation

  https://www.youtube.com/watch?v=XbtgJd3d0y8&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=8 If you’re part of the “Sandwich Generation”, meaning your parents are over 65 and you’re raising your own children, you face a difficult choice. You’re trying to balance the funding needs of your own family against the worry that your parents’ savings won’t be enough to cover their living or health care [...]

By |2024-04-13T15:26:30-06:00May 2nd, 2024|Reverse Mortgage Information|Comments Off on Reverse Mortgages & The Sandwich Generation