All about Properties

Well it's Saturday night the end of another month and I am sitting here typing instead of out shaking my leg.  When did I get to such a bore.  What happen to the party girl?  Where did she go? It seam the more she drifted the more weight I gained.  If this is what children and marriage do to your...

Good evening all,             Please click on the link below to receive up to 10 free tickets for the new movie Peaceful Warrior Compliments of Best Buy.  Great movie to watch with the entire family. Its only good for today and tomorrow.  All you have to do is put in your zipcode and it will che...

You must keep your homeowner’s insurance and property taxes current.  You must maintain your home in good repair and continue to occupy the property as your primary residence.With Reverse Mortgage so simple and beneficial no wonder it growing more and more with senior.   The next series of questi...

Upon your passing, home ownership passes to your heirs and the loan becomes due and payable.  Your heirs can retain the property and refinance the reverse mortgage with a new loan, or they can sell the home, pay off the balance and keep any remaining equity, per the terms of your will.If there ar...

I started having Webinars last month and plan to do it every 4th Saturday of every month at 1pm Eastern Standard time. There are 2 convenient ways of joining the WebinarVIA INTERNETClick here to join the Webinar.    _____   VIA TELEPHONEThe phone conferenc...

Here is the latest and the greatest on subprime lenders ** Sunset Direct Lending- RIP** Kellner Mortgage Investments -RIP **Fairfield Financial Mortgage Group, Inc - to merge with Savings Institute Bank and Trust on April 1, 2007.  Name will change to: SI Mortgage Corp. **Encore Credit - bought b...

Every day I read news on Mortgage Rates getting better but is it really.  This week they are saying it's lower than last week but what they are falling to say is that it's getting better for people with over 700 credit score. As we all know the average borrower do not have over 700 score.  Gone a...

  The home Equity Conversion Mortgage (HECM) is the most popular reverse mortgage, it is insured by the Federal Housing Administration (FHA) and the concept of Reverse Mortgage is fully endorsed by the AARP.  You continue to remain on title as the owner of your home.  Also, as there are no month...

Money from a reverse mortgage is not considered earned income. Your proceeds are not taxable income* and there is no affect on your Social Security or Medicare Benefits.  Some people who receive Medicaid, SSI or any kind of public assistant and receive advances from their reverse mortgage will ne...

Anyone that knows me knows my favorite poem is:"The heights by great men reached and kept Were not attained by sudden flight But they while their companions slept Were toiling upwards in the night." --Henry Wadsworth LongfellowSo after talking to my mom today about the pit falls the Mortgage busi...