amp

Pro’s & Con’s of the Reverse Mortgage

I can almost hear it now, This is an article written by a guy who does reverse mortgages? There probably won’t be any con’s! As passionate as we are about the reverse mortgage product, there are some drawbacks in some instances and we make certain that we point out the pro’s and con’s [...]

Posted in | Tagged , , , , , , | Leave a response

Hard Money Lenders: The Good, The Bad, & The Ugly

You’ll hear plenty of real estate investors use the term “hard money” or “private” lender, but it’s surprising how many people in the real estate industry don’t fully understand what hard money lenders are all about. They are sometimes hated, sometimes loved, but they are neither last-minute miracle workers nor are they usurious bastards; rather, [...]

Posted in | Tagged , , , , , , , | Leave a response

Reverse Mortgages & Oil

What is the connection, you might ask between reverse mortgages and the price of oil? And if you or a loved one are a senior homeowner age 62 and over but don’t drive, maybe you’ve been thinking that you are lucky because the price of gas and oil really doesn’t affect you as much. [...]

Posted in | Tagged , , , | Leave a response

Miami Reverse Mortgages & Statistics

Miami is the county seat of Miami-Dade County and is the single most populated county in Florida. Miami’s population is just over 409,000, making Miami the largest city within the Miami metropolitan area. According to a United Nations estimate, in 2007 Miami had become the fourth largest urbanized area in the country, behind [...]

Posted in | Tagged , , , , | Leave a response

Reverse Mortgage: Pros & Cons

Since first offering reverse mortgages, I’ve often been asked, “How do I/we know if a reverse mortgage is right for me/us?” This is a question that has a different answer for different people. I always start with the same first response, “The first thing I would recommend is that you seek the guidance of a [...]

Posted in | Tagged , , , , | Leave a response