In many parts of the country, chances are you’ve recently gained some equity in your home. In some parts of the country, you might have gained a whole lot of equity (hello, west coast). But unfortunately, that equity is usually unavailable to you until you sell the home and cash in on it.
If you’re a senior who is 62 years or older, have you heard about how a reverse mortgage might be able to help you during retirement? A reverse mortgage can convert your home’s current equity into cash.
Reverse mortgages sometimes get a bad rap, but they can be a very useful tool in your retirement and investment arsenal. They can supplement your income and assets and prevent you from depleting your other investments.
The new year is a time of both reflections and resolutions. It’s a chance to evaluate your life and think about what you hope to accomplish in 2019. If you haven’t settled on a resolution, or you want to take on another one, there are a few smart financial moves you should think about.Read More
Paying off your mortgage early is a hot topic in the financial world, but is it always a good idea? The truth is that even though on the surface it sounds like a smart financial decision, there are plenty of instances when it’s not a good choice to pay off your mortgage early (and there are some circumstances where it is a good choice).Read More
If you’re getting ready to sell your home, you might be hearing some common myths from family and friends (or even strangers). I’m here to bust some of these common myths with accurate information about what you can expect when you sell your home.Read More
It’s still sweltering for most of us, but cooler temps will be here before you know it. So much can go wrong with a house during the winter, but just a little babying will go a long way to make sure your home stays in tip-top shape all the way through spring (and beyond, with any luck). These are all quick, easy things any homeowner can do right now to prevent a disaster.Read More
One of the biggest unknowns for many homeowners and potential homeowners is the real cost of maintaining a home. There are all kinds of expenses when you own a home, and it’s wise to plan for them in advance so that you’re not scrambling for money when something comes up. And trust me, there are many of those times when you’re a homeowner.Read More