Reverse Mortgages for Dummies - Couverture rigide

Lyons, Sarah Glendon; Lucas, John E.

Couverture rigide

ISBN 10 : 1410405648 ISBN 13 : 9781410405647

Editeur : Thorndike Pr, 2008

A propos du livre

Présentation de l'éditeur

For seniors who live on a fixed income, owning a home andkeeping it can be financially challenging. Rather than facethe choice of selling your home and moving or becoming ahome–owning pauper, reverse mortgage products let seniors convertpart of their equity into tax–free income that can be used foranything even mortgage payments, living expenses, or medicalcosts.

Reverse Mortgages For Dummies covers all the basics ofreverse mortgage products so you and your adult children canunderstand and take full advantage of these handy loans andkeep the home you love. Covering a full range of reverse mortgageoptions and topics, you ll discover how to:

• Decide if a reverse mortgage is right for you
• Shop for the best reverse mortgage products
• Find out if your home is eligible
• Find a counselor who can help you

Written by Sarah Lyons, an Assistant Editor at MortgageOriginator magazine, and John Lucas, an experienced reversemortgage specialist, Reverse Mortgages For Dummies explainsthese helpful loan products in simple, easy–to–understand languagefree of all the jargon. Once you understand how reverse mortgagesdiffer from other loans and what you could do with yourreverse mortgage the book covers the specifics you need tofind the right loan for you, including:

• Special advice for adult children helping their senior parentssecure a loan
• How to get a reverse mortgage and keep your second homelegally
• Property requirements and financing fees
• Selecting among a multitude of lenders
• Spending and estimating leftover equity
• Sharing the decision–making process with family and lovedones

If you re a senior wondering whether a reverse mortgagecan help you keep your home, this book gives you the informationyou need to make smart, informed decisions that are vital to you,and your family s, security. Reverse Mortgages ForDummies will help you keep your home and live the life youwant.

Quatrième de couverture

Fully explains how reverse mortgages work

With special advice for the adult children of seniors

Reverse mortgages are a great way for you to keep your home,even on a retiree′s fixed income. But with so many loan options,where do you start? Relax! This friendly guide covers all thebasics so you and your adult children can understand and takeadvantage of these handy loans and keep the home youlove.

Discover how to

• Decide if a reverse mortgage is right for you
• Shop for the best reverse mortgage products
• Find out if your home is eligible
• Walk through each step of the process with confidence
• Find a counselor who can help you

Détails de l'édition

• Éditeur: Thorndike Pr
• Date d'édition: 2008
• Langue: anglais
• ISBN 10: 1410405648
• ISBN 13: 9781410405647
• Reliure: Relié
• Nombre de pages: 408
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible