Wednesday 4th December
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For HECM Professionals… An Invitation to Attend a Day of HECM Power Training.
Written on 15 Apr, 2018 at 16:42
Make the investment in your career that will make that career much more productive, profitable and satisfying. Learn to implement real strategies and tactics that are being used successfully every day with trusted advisors and homeowners in the field.... (Continue reading)
The HECM Mortgage is Controversial? Well, it shouldn’t be.
Written on 19 Feb, 2018 at 22:51
Everyone approaching or in retirement should know about the HECM program and how it might impact their retirement years. There's absolutely nothing wrong with today's HECM mortgages... no matter what you've heard in the past.... (Continue reading)
The Media Continues to Get it Wrong on Reverse Mortgages
Written on 4 Oct, 2016 at 1:49
No one should write about a HECM reverse mortgage as being good or bad, because it depends on so many variables... and 94% of homeowners with a HECM say it gave them peace of mind.... (Continue reading)
The Single Best Tool for Downsizing in Retirement is Called: HECM-for-Purchase
Written on 9 Sep, 2016 at 19:28
There's no better tool for downsizing in retirement than the HECM for Purchase, a mortgage insured by the FHA. So why do so few homeowners and/or Realtors know anything about it? ... (Continue reading)
How a HECM Reverse Mortgage Saved a Homeowner Over $200,000
Written on 9 Sep, 2016 at 1:03
Homeowners with significant amounts in their retirement accounts can often benefit from using the HECM because it's a tax free source of funds.... (Continue reading)
A Reverse Mortgage Ruined His Life? Nonsense. Not true.
Written on 4 Aug, 2016 at 17:08
The reverse mortgage didn't cause Mr. Feil any harm. In fact, it's because of the HECM reverse mortgage that Mr. Feil was able to keep the home instead of losing it to foreclosure.... (Continue reading)
Are You Overestimating Your Ability to Access Your Own Money in Retirement?
Written on 15 Feb, 2016 at 9:14
I've found that most homeowners are dramatically overestimating their ability to pay off mortgages in retirement and/or access the equity in their homes once retired.... (Continue reading)
25 Ways You Know You’re a Guy Over 50…
Written on 9 Jun, 2015 at 19:20
I just turned 54 and the event caused me to consider what's changed about my thinking and my life since turning the big 5-0. Is it just me, or am I not alone?... (Continue reading)
How & Why I Fell in Love with the Reverse Mortgage
Written on 21 Feb, 2015 at 0:05
Nothing else does what a reverse mortgage does. There's no real alternative because any other type of home equity loan would require you to make monthly payments, and you can't retire with high monthly payments or you could end up... (Continue reading)
Downsizing and Downgrading… Requirements for Retirement
Written on 28 Sep, 2014 at 13:38
More and more Americans are finding retirement more of an impossible dream than an American one. Baby boomers are delaying retirement or working through it, and most are woefully short of the amounts they'd need to retire. But... (Continue reading)
Why Can’t Dave Ramsey Get his Facts Straight on Reverse Mortgages?
Written on 13 Sep, 2014 at 1:24
Reverse mortgages are an extremely important financial tool for millions of Americans... and more and more every day. When Dave Ramsey writes about them, he needs to be accurate... and he's not. And that's a problem. ... (Continue reading)
IF YOU’RE 62+ AND STILL PAYING A MORTGAGE… Here are 7 Reasons You Can End Up in Foreclosure and How to Protect Your Home Now
Written on 26 Aug, 2014 at 18:22
Now, I'm not saying that anyone should have known about any of this. The fact is that his article, and others I've written in the recent past, appear to be the first in the country to propose switching to... (Continue reading)
We’re Looking at a Retirement Crisis, Because We’re Gambling Unnecessarily
Written on 18 Nov, 2013 at 17:46
It's like we're "Risk Junkies." What could be riskier than betting on the stock market going up and future tax rates staying the same or going down? Are we nuts? The answer is... we've been lied to. ... (Continue reading)