It’s not a complicated equation. The longer a retirement, the more money it requires. But, figuring out how to deal with the reality of a retirement that could last 30 years or more is where the simplicity ends. Fortunately, there are multiple strategies for finding solutions, and a skilled financial advisor can discuss ways to… Continue Reading Is A Reverse Mortgage Your Secret To A Longer Retirement?
Life isn’t always smooth sailing, but homeowners with equity could access cash or a line of credit to combat stormy seas. Wondering which type of loan is right for you? Take a look at the following excursions to find out. All aboard!
Transitioning into a comfortable retirement typically requires hard work, careful planning and the ability to reconcile your financial health with long-held aspirations. However, if retirement is nearing and the resulting fixed income threatens to derail the lifestyle you imagined, an underutilized and often misunderstood tool could get you back on track. Add Income, Reduce Costs… Continue Reading Make A Fixed Income Work: Refinancing A Traditional Mortgage Into A Reverse Mortgage
After surviving the stresses of a home search, completing the checklist for a successful closing, and managing the logistics of moving, you’ve finally reached the end of the process, right? Well, almost. While self-congratulations are certainly in order, there’s one more step you don’t want to overlook. Fortunately, its simplicity and cost-saving results provide ample… Continue Reading Homestead Exemptions Can Be A Simple Step To Savings
AUSTIN, Texas, Feb. 11, 2019 /PRNewswire/ — Kathie Thomas, CFE kicked off 2019 by joining national mortgage lender Open Mortgage as Executive Vice President of Lending Operations. Thomas brings not only 39 years of mortgage banking expertise and knowledge as a Certified Fraud Examiner, but enthusiasm and energy to the role. “Every person I met before joining Open… Continue Reading Kathie Thomas, CFE Joins Open Mortgage as Executive Vice President of Lending Operations
In a perfect world where mortgage rates, market inventory and demand from homebuyers align, downsizing to a smaller home would be a piece of cake for aging seniors. Unfortunately, this isn’t always the case, and sometimes downsizing isn’t a feasible option. Seniors Staying Put Factors like lack of affordable inventory in a preferred location can… Continue Reading If Downsizing Isn’t In the Cards, Some Advice for Aging in Place