The Reverse Mortgage Advantage

Author Warren Boroson

Format Paperback | 240 pages

Dimensions 152 x 226 x 17mm | 319g

Publication 07 Jul 2006

Financial Freedom You Can Only Get When You Hit 62!

Whether you're exploring a reverse mortgage to finance a home improvement, pay off a current mortgage, pay for health care expenses, or generate monthly income to improve quality of living, you're one of the thousands of Americans age 62 and older who are turning to this lucrative way to build income.

Simply put, with reverse mortgages you no longer pay the bank, the bank pays you. In The Reverse Mortgage Advantage, renowned real estate expert Warren Boroson presents a thorough examination of the ins and outs of this intriguing investment method. Boroson dispels any myths and puts crystal-clear focus on the pros and cons of reverse mortgages.

With real-life case studies and practical examples, The Reverse Mortgage Advantage shows you how to:

Transform a "house-rich, cash-poor" situation into tax-free equityChoose between a lump sum, a line of credit, a monthly income, or a combinationFind a reputable HUD-approved reverse mortgage counselor in your areaMinimize setup fees and related charges