Are you thinking of investing in real estate, but wonder where you’ll get the money? If you have retirement funds set aside (in an IRA), you may be able to use them to purchase an investment property. Retirement funds aren’t restricted to the standard investments, like stocks and bonds; real estate Read more
How Much Home Equity Do You Need for a Reverse Mortgage?
A reverse mortgage can help retired or soon-to-be retired homeowners have a larger cash flow than their retirement income provides. Just how much of your home’s equity can you tap into though? We help you understand the factors below.Looking for Current Mortgage Interest Rates? Click Here. The Read more
How Does the Principal Get Paid Back in a Reverse Mortgage?
Are you thinking of taking out a Reverse Mortgage? It works well for seniors that already own their home and need a little cash flow. Rather than keeping the equity in your home for your beneficiaries, you can enjoy the money while you are still alive. Since you don’t need to make payments on the Read more
Should You Pay off Your Mortgage Before you Retire?
If you have dreams of living debt free during retirement, you are not alone. When you no longer have a job, it may make you feel better to be without a mortgage or any other large debts. However, a mortgage may provide you with a few benefits. It depends on your situation.Compare Offers from Read more
Should Retirees Opt to Rent or Own?
As you entire retirement age, you may think of downsizing. Many retirees find their current home too large, forcing them to make the decision to buy something smaller. However, what many people don’t think about is the cost of the new home. It doesn’t make sense to buy a smaller, yet just as Read more
