reverse equity line of credit: Los Angeles, California Reverse Mortgage Loan Officer takes exception to CNN's unhelpful Help Desk Segment
- 06/15/11 12:53 PM
Los Angeles, California Reverse Mortgage Loan Officer takes exception to CNN's unhelpful Help Desk segment Just before I went on vacation, I watched a segment from CNN's Help Desk. They had a certified financial advisor offering his opinion on Reverse Mortgages. Rarely do I bother responding to inaccurate information but this time I decided to speak out against self proclaimed experts who engage in tub thumping. I'm publishing it here because I really don't expect CNN will ever correct their facts. I believe it's important that the public at large have the facts, not opinions. I hope the information below (1 comments)
reverse equity line of credit: Save the Seniors! A Los Angeles based Reverse Mortgage Loan Officers offers some perspective.
- 06/07/11 09:05 AM
Someone asked me about my experiences with seniors recently. She wanted to know how I knew any given senior actually had the mental capacity to execute a Reverse Mortgage. I didn't have to think too long about the time I was called to a senior's residence by a caretaker who wanted me to come out and discuss a reverse mortgage with the lady of the house. When I arrived I met the caregiver, Bill, at the door. He smiled cordially and invited me in. He introduced me to Mrs. Smith, a sweet woman who sat comfortably in her padded rocking chair (4 comments)
reverse equity line of credit: Los Angeles based Reverse Mortgage Loan Officer and Mom visit the Doctor's office
- 06/06/11 04:32 AM
A Los Angeles based Reverse Mortgage Loan Officer and Mom visit the Doctor's office Not so long ago I took my mother to her primary care physician for a check up. We were scheduling a follow up appointment and I remarked to the nurse that we couldn't make an appointment before 11 am since it's taking Mom a little longer to get going in the morning these days. "You're telling me", the nurse exclaimed. "Yesterday I asked my mother to go somewhere with me on Wednesday. She said 'I couldn't possibly go anywhere on Wednesday." "I asked her, 'What do (0 comments)
reverse equity line of credit: Reverse Mortgages Redondo Beach, CA
- 04/06/11 12:25 PM
Reverse Mortgages Redondo Beach, CA Have you been considering a reverse mortgage in Redondo Beach? Some Loan Officers and Bankers will tell you to "just go do a Home Equity Line of Credit" instead of getting a Reverse Mortgage. Is that really a good strategy for someone on a fixed income? Personally, I don't think it is. In my area of Redondo Beach, CA I'm seeing the result of a lot of people who took a Home Equity Line of Credit instead of a Reverse Mortgage. Before the financial crisis knocked the wind out of most people's investments the banks were encouraging their clients (0 comments)