Until not too long ago, there have been solely two predominant methods you can get cash from your home: sell it or borrow towards it and make month-to-month mortgage repayments. Reverse mortgages offer a 3rd approach of getting cash from your home. If you're a homeowner, age sixty two and older, you are eligible to use for a reverse mortgage loan that converts your property equity right into a tax-free income.
With The Complete Guide to Reverse Mortgages, you may study all it is advisable know to earn the supplemental earnings you want, without worrying about:
Having to sell your house
Hand over your title
Or take on a brand new monthly mortgage payment.
This invaluable guide explains every thing that you must find out about reverse mortgages and how to use them to your advantage. With training attorneys Tyler Kraemer and Tammy Kraemer main the way, you will learn the step-by-step process to getting a reverse mortgage and making the most effective of your retirement!
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