Blog
“Let’s Wait and See What the FED Does”.
I want to emphasize that this is never a “you have to do this” situation for me. My goal is to educate people so they can make informed decisions. I believe this approach is much better when homeowners choose to act because it’s advantageous, rather than feeling forced with no other options. This strategy can […]
“Oh, you all take the home!”
That’s what I heard from a vendor at a professional event for financial advisors and insurance professionals. It was another reminder that many people still don’t know how a reverse mortgage works. And just how helpful this type of mortgage is to thousands of Americans in their retirement. As a housing wealth advisor, that statement […]
Using the HECM to Help Manage Finances in Our Golden Years
Remember the old saying “The only two things guaranteed in life are death and taxes”? I don’t want to be that blunt, but there are some things that are guaranteed, and I am going to address 3 of them as they apply to homeownership and aging. Let’s look at growing older: As we grow older […]
Are There Different Kinds of Reverse Mortgages?
Yes, there are, and to answer your next question – there are three in total. The most popular Reverse mortgage, The Home Equity Conversion Mortgage, is managed under HUD (Housing and Urban Development) and insured by the FHA (Federal Housing Authority). In my opinion, this product is the most protected mortgage and one of the […]
Fact Vs. Fiction, Education Vs. Fear
When we first hear about something we’re not educated on, but have questions, what do we do? We ask friends or look it up on Google. But now there’s so much information out there, it’s hard to know what’s fact. So that’s what specialists are for. We’re here to answer any and all questions you […]
Helping Your Parents with Retirement Finances, some things to think about.
First and foremost, I am not a financial advisor, but I work with plenty of them, and I have real world experience to draw from for this blog. Being involved in your parents’ retirement finances is just as crucial as their involvement was in your upbringing. This realization hit home for me during a recent […]