You mortgage is a big part of your retirement plan. If you want to buy a home, refinance, or get a reverse mortgage, call Steve, The Mortgage Doctor. He’ll help you figure out the best way to make sure your’e in the 50% of Americans who have a retirement plan. Call today! He’ll talk to […]
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 […]
Seniors Underestimate the Cost of Long-term Care
from ReverseReview.com | March 27, 2014 A survey of affluent baby boomers revealed that on average, participants expect the cost of long-term care to reach about $36,220 per year. This estimate is way off base, as the cost of nursing home care alone is expected to reach $265,000 per year in 2030. To read more […]
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 […]
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 […]