Wednesday, April 3, 2013

Unlock the value

Hope everyone had a wonderful long weekend over Easter! The nice weather had many young people out shopping for homes. Something I don't often talk about is my ability to help more elderly clients. Do you have a parent or grandparent who is living in a home that they own but they are having trouble with cash flow? Maybe there are house rich but cash poor? I can help with the use of a special kind of mortgage that allows them to borrow up to 50% of the value of their home tax free and they never have to make any payments! They also do not have to qualify for the money they borrow from their home and do not have to take a medical. The home owner must be over 55 years old and will maintain control of the ownership of their home. They will never owe more than the value of their home and can take their money by monthly draws or in a lump sum. If you have a loved one who is needing help making ends meet, I would love to help them. Call me today!

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