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Tag Archives: real estate

Sunshine State Spotlight: Rise In Reverse Mortgages Sets Example For The Rest Of The Country

reverse mortgages Florida

Plus: A local loan originator explains the top two federal changes that are making the biggest difference. With the economy recovering from the Great Recession and home values rising in Florida, Donna Linton says all of this is paving the way for more people in her home state to turn ...

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Forget Downsizing – Many Home Owners Are Choosing To Buy Bigger For Retirement

downsizing retirement

The “boomerang” effect from the recent economic depression is the biggest reason. Let us explain. So much for the conventional wisdom of downsizing your home when you retire. A huge percentage of families are moving into bigger homes – many to make room for adult children who didn’t fare so ...

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HECM For Purchase: How Much Do You Know About The Fastest-Growing Type Of Reverse Mortgage?

HECM for purchase

Older Americans have new options to downsize and buy new home. Many Americans over the age of 50 want to downsize because their children are grown up or moved away and they don’t need the same amount of space they’ve had for several years. Maybe they prefer to relocate to ...

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“Mass Affluent” Now Tapping Into Reverse Mortgages

Reverse mortgages good

Perceptions turned on their head: now a planning tool for those with stock market investments When reverse mortgages first entered the marketplace, the perception was that only those people who had no other options for their retirement needed them and pursued them. That perception is starting to change, as wealthier ...

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St. Louis Couple Uses HECM Mortgage To Buy Dream Home In Florida

Reverse Mortgage Options

HECM For Purchase is option for retirees with some home equity Andy and Beatrice Hollimon had endured Midwest winters for decades, and it was time to fulfill their dream of moving south. “We owned our home in St. Louis area for quite some time, and we vacationed in South Florida ...

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