 My landlord says as long as it's regular business hours him or whoever he sends over can come in my apartment |
| at any time. The thing is they just unlock the door and come right in. I don't think that's allowed. Right , I did get a chain lock for my door. But it still bothers me that he thinks he ... |
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 Walk away or try to re-negotiate the purchase price? |
| I recently agreed to purchase a brand new home for $515K - with a $5K down payment, and an up front pymt. for the upgrades in the amount of $40K (total pymts = $45K). Because the market has taken a ... |
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 Where can i find property for sale in sabden lancashire? |
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 How to rite letter to a real estate agent? |
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 19 year old first time home buyer? |
| I'm 19 years old and am interested in purchasing my first home. I have a steady job that i've had for over a year, I gross a little less than $600 per week. I have a credit card but i'... |
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 How can I get out of my apartment lease? |
| I moved in about 4 months ago and had a few proublems that have not gotten fixed until a few days ago and they got fixed by me and it was taken off my rent. There are roaches in my apartment (i have ... |
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 For all you carpenters and landlords out there? |
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| our closing will be this wednesday...everything is good ...the only thing that is missing is the home insurance ... |
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 I have lived in my current apartment about 12 years, now strange things are happening, Why? |
| I'm a good tenant. Pay the rent on time, etc. Now, things become missing, and other things, unmentionable, are happening. I live alone, and I DON'T FEEL LIKE MOVING. Have talked to ... |
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 Do you have to tell the owner of the apartment building if you have someone moving in? |
| I have an efficiency, and my friend who is abroad is coming back next semester is most likely moving in with me. Do I have to tell the owner/landlord that someone is moving in? What if I don't ... |
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| my mums house is housing trust but was part of the council i live here with my family now but she wants to move away and buy a house can she pass the house down to me or do i have to apply to the ... |
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 Info on renting a house? |
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 So I am buying a house and I'm just curious...? |
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 Can my landlord raise the rent when another person moved into the extra bedroom can he do this? |
| There are three of us on a lease for a four bedroom house. The advertisement said that it was a four bedroom for $1350. Now that we had a fourth move in he wants to raise the rent $250 dollars ... |
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Linda H | Has anyone out there gotten a reverse mortgage? |
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 |
 
Gipper
|
I didn't personally, but I was involved in helping my sister and brother-in-law get one last July '07. As you might expect there are a lot of details to look at. If you meet the age eligibility for a reverse mortgage, the one main point to look at is whether you will qualify for a reverse mortgage because it is dependent upon how much equity you have in your home. So because of that, I would be concerned about the decreased value of houses today. For their ages (74 & 81), it helped them immensely. It gave them an additional $550/month cash flow due to no more mortgage payments and a savings account of about $36,000 @ a 6% interest growth rate....they are happy as clams because it did work for them, but it is not for everybody...... |
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SeniorSolutionsRadio.com
|
The most popular Reverse Mortgage is the Home Equity Conversion Mortgage (HECM) which accounts for over 90% of Reverse Mortgages done to date. The HECM is Federally regulated and insured (FHA---HUD) They set the rules and regulations. AARP just released a study
(12-12-2007) here's the web address that will link you directly to the report on AARP website...
http://www.aarp.org/research/credit-debt...
You can also go directly to www.HUD.gov to research Reverse Mortgages. Seeing it's their program why not go right to the source. Part of the Reverse Mortgage process is that you have to talk to an independent HUD approved third party counselor to make sure you understand the program and that it was explained to you correctly. (government safeguard). There is no charge for this and you can do this anytime you want. Just another avenue to answer your questions. I hope these resources help in your decision making. If I can be of any other assistance let me know. For disclosure purposes......I have been in the Reverse Mortgage business for over 2 years and I am a Reverse Mortgage Consultant for EverBank Reverse Mortgage. Also Federal law requires that the homeowner MUST remain on title, thus maintaining ownership of the home.
Regards,
Stephen |
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Patricia B
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no I havn,t i like to know myself if you find out email me thanks |
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Jenn
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I have not gotten a reverse mortgage
*The link in the first response has nothing to do with your question ~ it's a link to a question of his own! |
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Dont_taze_me_bro
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gotten? No. Good idea? no. |
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omnisource
 |
My Mom did.
It provided for her modest needs. It eliminated some worry.
When she passed away, it zeroed out her estate; mostly paid medical expenses.
There was nothing left of her equity.
But then, that's the deal, isn't it? |
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muzikizmalyfe
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click the link
its has the answer to your question
http://answers.yahoo.com/question/index;_ylt=AnW7HNeEr29m5rJHtuKUySTsy6IX;_ylv=3?qid=20080209064040AAhITfj |
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Rd101
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Reverse mortgage is for people who need money but also a place to live.
No - I have not gotten it, but I have a friend who was in dire need for that, but ended up not getting it. |
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sphiney
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dont deal with that. |
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