Grandpa (who just turned 80) calls you up and says he thinks their roof might be leaking and they don’t know what to do. You go over to their house to check it out and find that the roof is indeed leaking and there are a lot of other serious repair issues with the… [Read More]
The idea of packing up a lifetime of belongings and trucking them to who knows where can seem down-right unfathomable. It’s the little things that weigh big on your mind: What to do about the door with all the kids’ growth marks on it? Will the new owners cherish the patina that life has brought… [Read More]
When the home is empty: How does the last borrower leaving the home affect the reverse mortgage? Handling the estate of a parent or loved one is often a very emotional and stressful time for everyone involved. With everything else going on, dealing with the reverse mortgage servicer is often not the first thing on… [Read More]
When it comes to reverse mortgages, specializing is key to a great transaction. Reverse mortgages are a complicated loan product. To be successful in the reverse mortgage space, it requires an understanding of the entire program, not just the loan product. Understanding the product is relatively easy: you can figure out the calculations, you can… [Read More]
Have you ever tried to search online for a calculator to try to figure out how much money you could get with a reverse mortgage? How much time would you say you spent just on the search for one to try? How long did it take to get through their question forms only to learn… [Read More]
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