Home buying for retirees doesn’t have to be complicated. Retirement brings with it the freedom to make significant life changes. For some retirees, one of those life-altering decisions is whether to buy a new home. Whether you’re looking to downsize, relocate to a retirement-friendly destination, or simply find a new place to call home, the…

Seniors considering buying a house with a reverse mortgage should be well-informed about the qualifications, process, benefits, and potential drawbacks. Here’s what you should know: Eligibility: You must be at least 62 years old to qualify for an FHA reverse mortgage for purchase. Depending on your state, there are proprietary reverse mortgages available for people as…