Real estate blog entries tagged with reverse mortgages by Eric Reid (Renaissance Realty Group )

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Home : Blogs : Eric Reid : Georgia Real Estate : Tag "reverse mortgages"

reverse mortgages: Reverse Mortgages - Good ? Bad ? - 10/27/09 08:14 PM

Reverse mortgages have hidden dangers
Panelists at the Information Management Networks 15th annual ABS East gathering in Miami Beach conference said that in the last two years reverse mortgages have moved beyond the needs-based senior and now see a significant mix of borrowers tapping into the market. This year alone, the percentage of owners with homes valued at above $400,000 is increasing to up to 39% of the reverse mortgage claims in some markets. The panel also said the market is set to grow dramatically, with predictions that the next leg of growth in structured finance will come by way of … (0 comments)

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Eric Reid

Lawrenceville, GA

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