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Community Responses: [2 Votes ] 100%[2]
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Description :
Whether you're exploring a reverse mortgage to finance a home improvement, pay off a current mortgage, pay for health care expenses, or generate monthly income to improve quality of living, you're one of the thousands of Americans age 62 and older who are turning to this lucrative way to build income.
Simply put, with reverse mortgages you no longer pay the bank, the bank pays you. In The Reverse Mortgage Advantage, renowned real estate expert Warren Boroson presents a thorough examination of the ins and outs of this intriguing investment method. Boroson dispels any myths and puts crystal-clear focus on the pros and cons of reverse mortgages.
With real-life case studies and practical examples, The Reverse Mortgage Advantage shows you how to:
- Transform a “house-rich, cash-poor” situation into tax-free equity.
- Choose between a lump sum, a line of credit, a monthly income, or a combination.
- Find a reputable HUD-approved reverse mortgage counselor in your area.
- Minimize setup fees and related charges.
Price : $15.58
Download link : Download from here
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Guest says :
Reverse mortgage is a very good option for senior citizens to get finance for their home improvement requirements or pay for health care expenditure. The book provides a person with in-depth knowledge of how to proceed with earning monthly income out of the equity in his home.
I like the book.
Neil Silverman
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colin says :
Yes Neil, I also agree with you. This book has covered all the aspects of reverse mortgage loans in a very easy to understand language.
In my opinion this book will be useful information resource for many senior citizens who have personal properties but lack needed cash resources for meeting their day to day needs or health care requirements.
Colin
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Guest says :
Senior persons will be able to understand easily how reverse mortgages work after going through this book. Moreover, one becomes aware of the pros and cons of managing a reverse mortgage.
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Guest says :
My father turned 62 few months back. I would read this book before suggesting to my father whether it would be a good idea to take this type of loan or not.
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