Purchase Lead Generator
Marketing the HECM for Purchase as a Lead Generator for Realtors Using a reverse mortgage to buy a home remains one of the white whales of the industry: Long touted as a potential way to boost loan originations and home sales alike, uptake has never quite met the lofty expectations for the product. But that…
Read MoreCaregiving – Siblings Don’t Help
Top 3 Excuses From Siblings Who Don’t Help With Care giving Unfair as it may seem, even in families of many adult children, one sibling us-ually becomes the primary caregiver for their aging parents. In many families, such as mine, this person is the one who lives the closest to the parents and/or is most…
Read MoreUse Home Equity to Age in Place
Use Home Equity to Age in Place Advice from our webinar on reverse mortgages, home equity lines and refinances. A new Bankrate survey says 62 percent of homeowners never plan to move. If you’re one of those who’ll be aging in place, you may be considering using your home equity to help do it, by…
Read MoreRetirees Save With Reverse Purchase
Retirees Save With Reverse Mortgage for Purchase : Forbes Column While many senior homeowners opt to relocate in retirement, they may be missing out on an opportunity to mitigate problems and best support their retirement, writes reverse mortgage proponent and financial advisor Jamie Hopkins in a Forbes column this week. Presenting the historical landscape for home equity growth…
Read MoreReverse Mortgage Inheritance
Reverse Mortgage Inheritance What reverse mortgage means for inheritance Q. My parents are using a reverse mortgage to generate funds for daily living. Recently, someone suggested that they should have created a revocable trust for the home — which is quite valuable — so that it could pass to me and my brother more easily. Is…
Read MoreManaging Dementia Outbursts
Managing Dementia Outbursts Through Redirection and Relearning Some things you never forget how to do, like riding a bike. Although that’s not necessarily true for Alzheimer’s and dementia patients, this concept is the basis for a technique that thwarts anxious behaviors by directing attention to familiar activities or things enjoyed in the past. AnnaMarie Barba…
Read MoreSenior Care Options
3 Questions for Clients Who Are Looking at Senior Care Options Some clients have to move from planning for long-term care to implementing the plan. Financial advisors wear many hats when providing their clients with guidance about their futures, and fielding questions about care for aging parents often comes with the territory. Choosing the right…
Read MoreNo Retirement Savings
No Retirement Savings and Nearly Out of Time? Here’s How to Compensate. Countless older workers are about to end their careers without money in the bank. Here’s what to do if you’re one of them. Article I found today from the Motley Fool. Maurie Backman (TMFBookNerd) Though we’re told to prioritize retirement savings during our…
Read MoreMortgage Shopping
Readers’ questions about mortgage shopping. answered by Jack Guttentag, The Mortgage Professor Q: How many price quotes should I get in refinancing my mortgage? A: Get as many valid quotes as possible. Two or three valid ones help; 10 phony ones are worthless, or worse. Valid price quotes must meet three major conditions: —Same market…
Read MoreLife Resource Planning
Life Resource Planning Focuses on the Need for Eldercare Certain diseases, disorders, accidents or injuries result in disabilities that last longer than a few weeks or months. Many of these become permanent problems and although the disabled person may eventually adapt to take care of himself, a caregiver is often needed. The location of where…
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