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Reverse Mortgage Purchase? Seminar this Wednesday at Moran Prairie Library

By Jack Tenold

Mortgage and Lending with Jack Tenold LLC Jack Tenold NMLS 10261

September 11, 2011 06:46 PM

Reverse Mortgage Purchase? Jack Tenold will answer Spokane's Real Estate Agents' Questions at a seminar Wednesday.

I frequently hear from Spokane's Real Estate professionals that they don't understand or they may have questions about how a home can be purchased with a reverse mortgage. You may call me anytime, of course, but I'm giving a seminar this Wednesday (Sept 14th at 1 PM at the Moran Prairie Library (6004 S Regal) and you are invited to stop by.

Get your questions answered and then YOU can comfortably suggest to clients another choice for financing. Seniors are shopping for homes that are the right fit for retirement living. They can get a LOT more home for a LOT less cash out of pocket. TOGETHER we can help them get the right loan and the right home! Absolutely a WIN-WIN!

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Elite Home Sales Team

Elite Home Sales Team OC - Corona del Mar, CA

A Tenacious and Skilled Real Estate Team

I really do not understand why the reverse mortgage is not more popular.

Sep 11, 2011 06:51 PM

Jack Tenold

Jack Tenold LLC - Spokane, WA

Specializing in Reverse Mortgages

Thanks for commenting on my blog!

I think there has been a huge lack of credible information about reverse mortgages. Many people are not aware that the RM is an FHA loan at a good interest rate that can allow a person to buy much more home than he might otherwise qualify for. Agents should be aware that a person selling a $150,000 home can take the proceeds and buy a considerably higher-priced home to meet his or her needs.

Sep 12, 2011 01:28 PM

Reverse Mortgage Purchase? Seminar this Wednesday at Moran Prairie Library

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