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mortgage planning: Example of Mortgage Planning in the Pittsburgh Post-Gazette - 10/17/07 05:05 PM
link to article
http://www.post-gazette.com/pg/07284/824509-68.stm
Affluent senior citizens tapping reverse mortgages for extra cash
Thursday, October 11, 2007
By Tim Grant, Pittsburgh Post-Gazette
Daniel Marsula / Post-Gazette
Reverse mortgages have been a popular tool for cash-strapped retirees, but wealthier folks are finding ways to use them, too.
With a mansion worth $21 million, a wealthy retiree near Philadelphia decided … (0 comments)

mortgage planning: Comment on Ric Edelman: Strategies To maintain Wealth - 10/14/07 12:49 PM
Today while listening to the Ric Edelman's radio show a women called in. Apparently she was elderly and she owns 2 pieces of property one she currently lives in, and another an undeveloped piece of river front property and as large as 14 acres.
 Her question to Ric was that the house … (1 comments)

mortgage planning: Case study: Retired Client looking For Advise - 09/12/07 09:22 AM
She approached me with an interesting question
should I pay for the house all cash or should get a mortgage since I making a nice profit of the house I am selling?
Now this is a Question we right away jump and say No don't pay for the house entirely all cash Just … (5 comments)

mortgage planning: Consumers Blocking themselvs from success - 08/29/07 10:40 PM
Some Buyers who own mult family property are getting paid cash and not reporting it therefore saving on taxes.
This is a huge mistake!
First of all it is against the law,
And second of all, your building is only worth according to the income it yields. if it yields less (according to what you report) it … (1 comments)

 
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