Record-breaking home prices - a windfall for sellers, a challenge for buyers, and a unique opportunity for older homeowners who want to age-in-place. …
How To Eliminate Mortgage Payments and Increase Financial Security Without Selling the House
Record home prices and low interest rates provide senior homeowners the ability to increase financial security without moving or selling the …
Senior Homeowners Relieved from Making Mortgage Payments
COVID-19 induced forbearance agreements enabling homeowners to temporarily defer making mortgage payments are ending. However, older homeowners may be …
Draining Retirement Savings to Pay Debt is Dangerous – There May Be a Better Way
Protecting and increasing retirement savings is critical to retirement security. Using savings to pay mortgage or other debt is a formula for failure. …
Record Setting Home Values – A Godsend To Savvy Seniors Who Want To Age In Place
Ideal market conditions empower senior homeowners the ability to lock in historic home values and increase financial security without selling or …
Mortgage Payment Forbearance Is Ending – What To Do?
Older homeowners have an advantage. They can eliminate the obligation to make monthly mortgage payments permanently. In response to the financial …
How Savvy Homeowners Use Reverse Mortgages to Increase Financial Security – Others Not So Sure.
Financial advisors, recognizing the need to increase retirement funding, are promoting the versatility and innovative solutions provided by reverse …
What to Do If You’re Worried About Running Out of Money
Financial and retirement fears have intensified since the outbreak of the COVID-19 crisis. Fortunately, savvy homeowners may have a solution. In …
How Medical Costs Can Be Paid with Home Equity
Potentially significant and unexpected costs of health and in-home care may be paid more efficiently using home equity to avoid depleting savings …