Can You Afford In Home Care
Can You Afford In-Home Care? Look at the costs involved and your budget to see how to pay for home care services. If you’re considering getting in-home care, consider the following criteria to see what costs to expect and the different payment options available for this type of care. AMID HEADLINES OF COVID-19 infiltrating nursing…
Read MoreCan I Come Live With You
Can I Come Live With You Almost 40 percent of Millennials are living at home with the folks —longer than any previous generation since the start of WWII. That’s a startling statistic, though perhaps not so incredible given skyrocketing rents and college debt. But what happens at the other end of the life spectrum, when Mom or…
Read MoreCan a Retired Person get a Mortgage?
Can a Retired Person get a Mortgage? Every person takes a different life path. You hear of older or retired individuals getting married or enrolling in college all the time. Age doesn’t preclude enjoying the perks of home ownership, either. There is no age restriction for getting a mortgage, according to the Equal Credit Opportunity…
Read MoreBuying Parents House
Is Buying Parents house out of a Reverse Mortgage Considered a Transfer for Medicaid Eligibility Purposes? I have seen too many times where parents put their house into the kids name to try to avoid a 5-7 year look back. I found an article on a new spin that I thought i would share with you.…
Read MoreZero Down Mortgage Options with Scott Underwood
Finding the perfect home can feel out of reach when you are dealing with a tight budget, minimal savings for a down payment, or existing monthly debts like student loans and car payments. The good news? The mortgage landscape has shifted significantly to open doors for everyday buyers. If you think your income or debt-to-income…
Read MoreBorrower Divide
Borrower Divide. Reverse Mortgage Alabama brings you news titled “A Reverse Mortgage Divide Grows As Borrower Motives Change” by Alex Spanko As financial planners and scholars increasingly advise certain borrowers to take out Home Equity Conversion Mortgages as early as possible as part of their retirement plans, some loan originators are noticing increased interest for…
Read MoreBoomers move to be near grandchildren
Baby-chaser index tracks boomers who move to be near grandchildren Where millennials lead, their parents and grandparents may follow Some grandparents are willing to uproot themselves if it means they can be closer to their grandchildren. No need to take that trip to grandma’s house — she may be coming to you. A quarter of…
Read MoreBoomers lack one months savings
21% of Boomers Lack Savings for One Month’s Savings We want to keep people aware that they aren’t alone when it comes to not being ready to retire. Yet another poll reveals that all generations feel unprepared when it comes to retirement savings — with 21% of baby boomers lacking adequate savings to cover one…
Read MoreBoomers are pushing millennials out of the housing market
Boomers are pushing millennials out of the housing market as they hit the road for retirement. It’s no secret that baby boomers are vastly wealthier than millennials, but just how much helps explain the state of America’s gerontocratic housing market. While most millennials have now reached the “peak” homebuying age, their parents’ generation is keeping…
Read MoreBest Small Towns For Retirement
Best Small Towns For Retirement When looking for a city to retire in, you should consider all factors that could add to a high quality of life. Affordability can be essential for older adults on a fixed monthly income. Walkability, access to healthcare and recreational activity, and a low crime rate can all make a retirement city ideal.…
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