Question: My husband and I are in our late '50s and haven't put anything away for retirement, although we do own our home. We figure we'll work another 10 years or so before retiring. Do you have any helpful suggestions for us... [read full story]
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By Al Heavens Inquirer Real Estate Columnist A few weeks back, I wrote about a National Consumer Law Center study reporting that some of the same people who sold subprime loans now sell reverse mortgages. Even so, there are...
posted by Chris | So many times we have heard the expression “home is where the heart is.” Lately, television ads have been touting that your home is where some money is. As retirees start to face a cash crunch during...
The Pros and Cons of a Lifetime Mortgage or Home Reversion There is a problem with retirement: income diminishes just as leisure time increases. Equity Release: For and Against In principle, equity release is straightforward....
Is an Equity Release Scheme Right for You? Are you considering an equity release scheme to increase retirement income? Find out the pros and cons of a reverse mortgage. Asset rich and cash poor is a phrase regularly used by...
The Advantages of Equity Release Schemes Are you finding it difficult to pay the bills? Whilst everyone is familiar with the concept of making mortgage payments, a reverse mortgage for seniors involves the complete opposite....
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