As with any dusty library, you may find a special tidbit or two, perhaps a unique insight into the financial scenarios that can impact so many of us. Grab a cup of coffee and enjoy your stay!
Forget the HELOC. Consider the HECM Line of Credit Instead
What if you could establish a Home Equity Line of Credit that could not be canceled by the lender because of a precipitous drop in the market value of your home. Read more
Selling Your Home May Not Be The Right Choice for Seniors and Retirees
Maybe this is what we should be saying to our clients..."Sometimes, selling your home is a necessary and appropriate choice...or is it?" Read more
Announcing the JUMBO Home Equity Loan
Especially for High Net Worth Homeowners who are at least age 62Similar to the FHA Home Equity Conversion Mortgage (HECM), the AAG Advantage Program provides for equity lending on homes valued up to $6 Million and provides loan proceeds up to $3 Million. Read more...
These Top 3 Negative Statements about a Reverse Mortgage are ABSOLUTELY FALSE!
Occasionally I hear someone make a totally misinformed statement about a Reverse Mortgage that just flabbergasts me! If you, too, have heard these outrageous statements somewhere from an equally uninformed source, I am going to put these negative statements to rest. Read more
How To Understand Your Credit Score
It wasn’t that many years ago when having “good credit” meant having “no debt”. But that was when we lived in what was called a “cash economy”; a time before credit cards. Read more...
BABY, It's Cold Outside
But that’s nothing compared to the freeze you or your clients would experience if your Home Equity Line of Credit were to be canceled during the next housing burst! Remember being upside-down!?Read more...
The Standby Reverse Mortgage Line of Credit
When it comes to using a reverse mortgage in retirement planning, there are several strategies that make the standby line of credit feature a “must have” in the eyes of financial advisors and their clients. Read more
The Entrepreneur as a Trapeze Artist
I am just standing here right now, looking up. My pulse is racing. I am as nervous as a long-tailed cat in a room full of rocking chairs. I know it is time to climb.
I really want to get up there...Read more...
How to Stop Paying Real Estate Taxes
Reverse mortgages have been around for decades... But while these financial products aren’t necessarily new, today they are becoming a “disruptive” way to leveraging home equity, says one reverse mortgage researcher. Read more...
Reverse Mortgage Heirs Are ‘Dead Wrong’ About Their Inheritance
Adult children often get skittish when their parents are taking out a reverse mortgage, mainly concerned that doing so will fritter away their inheritance. Those concerns, however, are largely unfounded. Read more...
Improving Retirement Income Efficiency Using Reverse Mortgages
Drawing from a reverse mortgage has the potential to mitigate sequence risk by reducing the need for portfolio withdrawals at inopportune times. Read more...
Actually, Lightning Fast is Just Half Fast
I was looking at the advertisement and my eyes locked onto the colorful message boasting “Lightning Fast Internet Connectivity!”
So, I got to thinking about what it really meant to be Lightning Fast. How would I do that?Read more...