Tag: reverse mortgage for purchase

Searching for more real estate transactions? We found ’em!

Why is it you always find what you’re searching for in the last place you look? Jolene, like most real estate agents, had been looking for other ways to add another 2-3 transactions a year to her business. She knew she was in a very competitive market and would have to look under every rock…

25 retirement solutions with The New Reverse Mortgage

Reverse Mortgage to the Rescue – 25 Ways to Use Your Home Equity “Self-sufficiency, the greatest gift you can give your family” During our working years, most of us spend our earnings supporting our home. When we retire, it seems only fitting that our home help support us. Home equity is our most valuable asset.…

What is the New Reverse Mortgage?

What is The New Reverse Mortgage? Most folks credit Ronald Reagan for the birth of the Reverse Mortgage program in the late 1980s. However, the very first reverse mortgage was written to Nellie Young in Portland, Maine by Nelson Haynes of Deering Savings & Loan. Haynes designed this very unique type of loan to help…

Thinking about down sizing? Think right sizing!

Thinking about downsizing? Think right sizing! Thinking about downsizing now that the kids are on their own? My father once said to me: “The older you are when you have children, the older you are when they come back.” I didn’t always heed a lot of his advice but in this instance I’m glad I…