Tannouri Team Realtors
PR.com - We are pleased to be your comprehensive source for all of your real estate needs - from a first home, loft apartments, condominiums, and investment property, to construction loans, cash out refinances, equity lines of credit and reverse mortgages
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Who Can Benefit From A Reverse Mortgage?
Best Syndication - Single family homes, two or four unit properties, town homes, detached homes and some condominiums and manufactured homes are all eligible for a reverse mortgage. Reverse mortgages can be a great option for older Americans. They provide extra income
Reverse Mortgage Resources
BusinessWeek - Thanks to soaring property values, many retirees find themselves awash in home equity. But they may not necessarily have ample regular income that pays the bills. If they don’t want to sell their homes, a good alternative is a reverse mortgage
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Reverse mortgages: Know your options
Sandusky Register - There is a loan that is available to people age 62 and older that doesn’t require the borrower to pay it back as long as they are alive and living in that home, a reverse mortgage. Although Serving Our Seniors does not endorse reverse mortgage
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To Your Health: Sensible advice from a ’seasoned citizen’
Daily Southtown - Home ownership lends itself to a reverse mortgage, which provides immediate funds or a steady income while enabling you to remain in your own home. Part-time jobs augment retirement income, while providing great opportunity. Don’t thumb your nose at
Apartment debate slices Chandigarh
Tribune - Kanwar talks about the benefits of reverse mortgage As the concept of reverse mortgage has been cleared by Finance Department, and National Housing Bank has been made a nodal agency, various commercial banks and house finance firms are about to launch
Harry Gross | When it’s time to give up on a car
Philadelphia Daily News - We were approached by our current mortgage company ($12,000 left) to consider a reverse mortgage. They offered an additional $165,000 with no payment until we sell or die. We have no heirs except for distant cousins. Our wills leave everything to a
Low-Cost Retirement
US News and World Report - And keep in mind that like an annuity, the terms of the reverse mortgage will improve the longer you wait to take one out. Of course, the simplest solution for some retirees is to find ways to limit spending without sacrificing your retirement
Countrywide to add 2,000 sales jobs
Earthtimes - Reverse mortgage providers include IndyMac Bancorp Inc. ; EverBank Financial Corp.’s BNY Mortgage Co.; Seattle Mortgage Co., which is being bought by Bank of America Corp. ; and Wells Fargo. In midday trading, Countrywide shares fell 96 cents to $40
CALENDAR
Visalia Times-Delta - Reverse mortgage seminar From 10 a.m. to 12:30 p.m. Wednesdays at NS Funding, Inc., 4130 South Demaree, Suite B, Visalia. RSVP: 334-1140. “West of Pecos” Fun comedy in the melodrama style, presented by Redwood High School, 7:30 p.m. today
The Invisible Hand
Smart Money - And the rest of us will be lucky not to get stuck with nursing-home bills and an eviction notice from the holder of the reverse mortgage, experts worry. The first good-news story from the inheritance beat hasn’t been written yet, it seems. The
People in Business
Santa Cruz Sentinel - The Society of Certified Senior Advisors has granted the designation of Certified Senior Advisor to Corralitos resident Christopher Goena, a reverse mortgage specialist at Financial Freedom Senior Funding Corporation. Goena has worked for Financial
Some seniors hope override doesn’t pass
Milford Daily News - They are also wary of deferring their payments or taking a “reverse” mortgage on their home because a lien is placed on their property. “It’s frightening to them,” Jeon said. A final option is a part-time job with the town, with seniors able to take
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