One thing many Bay Area seniors have working to their advantage right now is incredible amounts of equity. Joe sits down with reverse mortgage specialist, Bill Benson, to show us the ins and outs of a reverse mortgage that make retirement more comfortable for our seniors. Is the Bay Area ripe for the reverse mortgage to become a prefect option? Today’s topics include:
- Reverse mortgage requirements and process
- Negative stigmas? Are reverse mortgages still seen as a rip off?
- Qualifying for a reverse mortgage
- Determining how much money you receive
- How does the reverse mortgage compare to a forward mortgage?
- What happens after the home owner passes away?
- Why get a reverse mortgage?
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408) 838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.