Tag Archives: Retirement

Owning a House

Posted on October 29, 2012 by Richard Harter

Home ownership…the American Dream! Two kids, a dog and a cat, a white picket fence and a mortgage, what more could you want? We were doing pretty good until we got to the part about a mortgage, that part’s not so exciting! Does the bank own your house or do you? Continue reading →

Equity Conversion

Posted on March 20, 2012 by Richard Harter

In our last post we talked about some of the positive aspects of an Equity Release Loan, also called a Reverse Mortgage or a Home Equity Conversion Mortgage.

So you can make a better decision, in this article we’ll talk about some of the negative features of an Home Equity Conversion Mortgage (HECM). Continue reading →

Equity Release

Posted on February 6, 2012 by Richard Harter

With 70,000 baby boomers per month entering their 60’s, the lenders for Equity Release programs or Reverse Mortgages (Home Equity Conversion Mortgage – HECM) are cranking up their advertising.

The Reverse Mortgage is advertised with benefits that sound very attractive. Continue reading →