Moving Forward in Reverse

By
Mortgage and Lending - Reverse Mortgage Consultant
This Blog brings you insight and the latest information on reverse mortgages or the HECM (Home Equity Conversion Mortgage).

ARCHIVED BLOG POSTS

2007 

Here's an interesting article in today's Wall Street Journal about how a reverse mortgage can help seniors who are facing foreclosure to keep their homes.  This is not news to me -- I have pulled many seniors from foreclosure with a reverse mortgage.  But what is new is that with the glut of bank...
12/26/2007
I just read an article in the Modesto Bee titled "Reverse mortgages a new threat to seniors" By TONY PUGHMcCLATCHY NEWSPAPERS - last updated: December 22, 2007 http://www.modbee.com/business/story/160490.htmlThe headline is a bit misleading.  The author is basically talking about how unscrupulous...
12/24/2007
It's that time of the year again (and I don't mean Christmas!).  It's time to pay the first installment of Property Taxes.I got to thinking that, since my property has declined in value, will I have to pay the full assessed tax?  I found out that there is a process for having property reassessed ...
12/06/2007
When I talk with seniors about the reverse mortgage, many of them say they are going to "wait" awhile.   When I ask them WHY?, they say "What if I need the equity in later years and I have used it all up with a reverse mortgage?"First of all, what are "later years"?  The average reverse mortgage ...
12/02/2007
I am often asked if a reverse mortgage is safe and is it a good program?  I always answer that, yes, it is very safe and it is a wonderful program. However, I don't think that is necessarily the right question to be asking.  The question anyone who is considering a reverse mortgage should ask is ...
12/01/2007
Rainer
11,241

Sylvia Williams

Ed.D
local_phone(866) 523-1959
smartphone(916) 719-4683
Contact The Author
Information, Insight, and Education on the reverse mortgage program. Be sure to subscribe so you can catch posts! Moving Forward in Reverse with Sylvia Williams