Written by Greg Hoffman with Sena & Associates:

I am writing about Reverse Mortgages for three basic reasons.  First, I used to sell Reverse Mortgages for a major US lender so I understand the subject well. Second, there are a lot of misconceptions about Reverse Mortgages which I hope to help correct here. Third, Reverse  Mortgages are gaining in use/acceptance...

To read the entire article, click on the link below:

Reverse Mortgages: A legitimate option for you?

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For all your Las Vegas Real Estate needs, contact Sena & Associates today @ 702.376.0088 or visit us on our website at www.SenaSellsVegas.com! If you are in need of a Property Manager in Las Vegas, visit us on our website at www.LasVegasPropertyManagements.com!

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For all your Las Vegas Real Estate needs, contact Sena & Associates today @ 702.376.0088 or visit us on our website at www.SenaSellsVegas.com! If you are in need of a Property Manager in Las Vegas, visit our website www.PropertyManagementLasVegas.com!

 
Post is included in group: LAS VEGAS - NEVADA
Post is included in group: Realtors®
Post is included in group: Mortgages
Post is included in group: Las Vegas, NV Area Real Estate Professionals

8 Comments on Reverse Mortgages: A legitimate option for you?

JAN
25

Hi Tony,
I am an agent in Florida and yesterday one of the agents was questioning how the reverse mortgage works. Your article is one of the best and I look forward to the follow up. Now I will be able to explain this in laymans term. Thanks!

Tracey Mullen
6:26pm • #1
170,023 Points

I hear that the HECM can be used to make a purchase in some cases, too.

6:49pm • #2

Tracey, Glad to see we could be of help :)

9:16pm • #3
451,410 Points Outside Blog

My mother is looking to get a reverse mortgage, is there in income required to get one?

9:34pm • #4

An income is not required to get a reverse mortgage.

9:39pm • #5
JAN
30
JAN
31

Thanks Robert, I appreciate that!!!

12:18am • #7

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Tony Sena - Broker/Salesperson

Henderson, NV

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North American Realty of Nevada

Address: 2600 Paseo Verde Pkwy., Ste. 100, Henderson, NV, 89074

Office Phone: (702) 216-4888

Cell Phone: (702) 376-0088

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