For many seniors, net worth is housed in housing. This has always been seen as a stable place to grow your money, and for the most part, it is one of the most secure ways to keep your investment safe. And since it has the added benefit of being your home, personal real estate is… Read more »
If you are like many retirees in North Texas, then a significant amount of your net worth is housed in your house. This has historically been a stable and secure way of growing money, but it can mean that you do not have access to your funds when you need them. Many seniors are turning… Read more »
Are you looking for a way to do more with your money? For many families in North Texas, that can mean researching into your options in a reverse mortgage. This non-recourse loan helps you to convert your current home’s equity into capital that you can use for a variety of purposes, and they are rapidly… Read more »
If you are like many families here in the Metroplex, then you have a significant portion of your money tied up in your home. This can be a stable way to grow capital, but it also means that you cannot simply access it whenever you need to. For people who have reached the age of… Read more »
Many seniors are taking advantage of HECM loans, which are a federally insured kind of reverse mortgage. These are loans that help you to convert your home’s equity into cash, and these have become an increasingly popular solution for those who want to free up some capital from their home’s valuation. HECM loans are only… Read more »
Sometimes, you want to be able to use your savings for an investment, but if it is tied up in your home, you could be left without the opportunity. For seniors who have reached the age of 62, there is an additional financial tool to help individuals to manage their money, and reverse mortgages are… Read more »
If you are like many people in North Texas, then you have a significant portion of your net worth tied up in the value of your home. While this has historically been seen as a stable and effective way of keeping your finances growing, it does not leave you with a lot of flexibility in… Read more »
If you are like many homeowners in North Texas, then you have a significant portion of your net worth tied up in your real estate. While the housing market has long been seen as a safe and stable way to grow your money, this approach leaves you without the ability to use your money when… Read more »
If you are like many North Texas families, much of your net worth is tied up in your home. While this can be a stable and secure way to grow your money, it also means that you do not have access to it whenever you need it. For people who have reached the age of… Read more »
With all of the discussion about reverse mortgages these days, it can be hard to know the truth. If you have heard about them, take some time to talk to your financial advisor about whether one is right for you. These have become a popular solution for those who have reached the age of 62,… Read more »
