Published 2-4-2015 | A Place for Mom Senior Blog | By Lisa Kernisan, MD Fall Risks and Seniors Seniors and families are often quite worried about falls, and with good reason. The Center for Disease Control (CDC) estimates that 1-in-3 seniors fall at least once every year. In 2013, falls led to 2.5 million emergency […]
WSJ: 9 Reasons to Love Your Mortgage
Published in the Wall Street Journal | July 26, 2014 | Written by Jonathan Clements In June, existing-home sales rose 2.6% from May to a seasonally adjusted annual rate of five million, according to the National Association of Realtors. As usual, a majority of buyers took out a mortgage. The hefty loan involved fundamentally alters the finances […]
New Reverse Mortgage Rule Could Prevent Foreclosure
Published by Blackenterprise.com | June 30, 2014 | Written by Sheiresa Ngo Updated guidelines allow borrower’s spouses to avoid homelessness The unthinkable happens to many widows and widowers who take out a reverse mortgage while their spouses are still alive. After the borrowing spouse dies, the non-borrowing spouse ends up receiving a foreclosure notice, even though they’re up-to-date on all […]
The Mortgage Market Is About To Get Smaller
from PropertyManager.com | by Marc Courtenay | February 27, 2014 As 2014 begins a bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, The Consumer Financial Protection Bureau (CFPB), will set new rules concerning mortgages. Lenders will be required to verify and inspect borrowers’ financial records. The rules discourage lenders […]
Never Make Another Mortgage Payment
A Reverse Mortgage can help someone you love to never have to make another mortgage payment! Listen to this short interview where Steve Haney, also known as The Mortgage Doctor of Colorado, explains how. And if you still have any questions, you can talk to Steve yourself! Just call: 719-266-5500. He’ll make time for you! […]
How to Refinance Your Home if You’re Upside Down or Have no Equity
Steve, The Mortgage Doctor of Colorado, can help you refinance your home at today’s lower interest rates even if you’re upside on your mortgage (you owe more than the house is worth) or you have no equity in your home. Listen to what Steve says, and then fill out the form at the bottom of […]
ReverseReview: Change is Good
Reverse Review published a spolight article entitled “Change Is Good. You Go First,” in the April 2013 issue, written by Shelley Giordano. The article discusses the role of the financial planner in using home equity to enhance retirement distribution planning. They say: For many years, Barry Sacks has been investigating the selective use […]