Many people are emotionally tied into their homes. As they get older, their earnings potential declines but they want to maintain their quality of life. That's where a reverse mortgage can help. Rather than doing the rational thing - selling their home while investing the proceeds, a reverse mortgage allows them to eliminate their mortgage payments while still living in their home and thus cut their monthly living costs. It's a good idea to go over this scenario with a financial advisor or accountant to see if it makes sense for you. 

Direct download: Michael_Banner_15.May.19.mp3
Category:general -- posted at: 5:03pm EST



-->

Syndication

Categories

Archives

November 2021
S M T W T F S
     
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30