If you are a homeowner and at least 62 years old, you may be eligible for a reverse mortgage or home equity conversion loan (HECM). This loan allows you to borrow money from your home equity as tax-free income, which can help you during retirement, home repairs, and other financial needs. This can be a… Read more »
If you have recently retired, or if you plan to within the next year, it is important to take a look at all of your options moving forward. For some, the goal is to remain in their home for as long as possible; others would prefer to move to a dedicated retirement community, helping them… Read more »
If you are like many homeowners in North Texas, then a significant part of your net worth is housed in your housing. While this can sometimes be beneficial, especially long-term, there might be things that you want to do right now. for those who have reached the age of 62, there is an option that… Read more »
For many here in North Texas, a significant part of their financial future is tied up in their housing. While this has historically been seen as a way to reliably and safely improve net worth, it can also mean that you do not have access to that capital when you need to make home repairs,… Read more »
Aging or retiring in place is a concept that is simple, yet can bring a positive way to live that is comfortable and convenient. This approach aims to help seniors to continue living in their home after retirement, rather than moving to a dedicated retirement community. While each direction has its own advantages and disadvantages,… Read more »
For many people in North Texas, a significant portion of their net worth is tied up in their own personal property. While this can certainly have its advantages, it can also mean that you do not always have access to capital when you need it, and that can make a real impact on the lives… Read more »
Whether you are in desperate need of a date night away from the kids or if you are looking for a place to take the little ones for an afternoon outdoors, this is a great time to be in North Texas. While the weather can be a little unpredictable this time of the year, it… Read more »
If you are like many Metroplex families, then a substantial portion of your net worth lives in your housing alongside you. While this certainly can have its advantages, it also means that you cannot tap that resource when you need it to enjoy retirement fully. If you have been thinking about your options to convert… Read more »
For many seniors, their primary asset is their home; while this has historically been a solid and stable investment, it can also mean limitations when you want to use your capital for a new investment such as another property or to use for your retirement. That’s why reverse mortgages were designed, helping those who have… Read more »
For many families in North Texas, their net worth is housed in their housing. While there are some benefits to this approach, it also means that these families are unable to access that capital when they need to make improvements around the home or make an important investment. For those who have reached the age… Read more »
