fresno reverse mortgage: Is This Networking? - 07/28/15 06:41 AM
Many people think that in order to network with other people they must become a member at a networking group such as BNI, Successful Thinkers, eWomen, or any other groups.
 
This is not the case.
 
Every day we come across networking opportunities. Its up to us what we do with them.
 
Whether you are in the grocery store in-line or you stop in to pay your insurance bill, you run into people who know other people who would be a great connection for you.
 
 
Networking is all about connecting with others. I have been involved with the Chamber of Commerce Mixers, Board of Realtors … (2 comments)

fresno reverse mortgage: Fresno Question: Can I use a reverse mortgage to purchase a home? - 07/28/15 06:28 AM
 
Last week I received a call from a local realtor here in Fresno. I met this realtor about a year ago. She was very excited about the HECM for Purchase Loan also known as the Reverse Mortgage Purchase Program. However, in the last year she had not had the opportunity to work with any seniors with enough cash to qualify.
 
The day I received the call from this realtor, she excitedly told me that she had a senior client who wanted to meet with me to go over the reverse mortgage and she wanted to buy a home in northeast Fresno with … (8 comments)

fresno reverse mortgage: She Asked, "What Can I Do To Help Grow Your Business?" - 07/28/15 06:11 AM
I consider myself to be a strong networker. I have a reputation within networking groups and with my own company that if you need someone, call Jennifer, because she knows everyone!
 
I have met with hundreds of people and had one-on-one’s at Starbucks and other restaurants. I have met people who have shared their life stories. I have cried with people, laughed with people, done business with people, and gained lot of new friends.
 
More often that not people want to know what I can do for them. They want to know who I know that would be interested in what they do. … (9 comments)

fresno reverse mortgage: Top Ten Things You Can Do With The Proceeds From Your Reverse Mortgage - 07/11/15 02:27 PM
Top Ten Things You Can Do With The Proceeds From Your Reverse Mortgage
 
Many times seniors wonder if they would benefit from a Reverse Mortgage. Every senior can find a need for a reverse mortgage. Many are starting to see the value. Here is a list of the top ten reasons seniors are using reverse mortgages and how you might benefit from one as well.
 
Pay off an existing mortgage to reduce your monthly expenses and get more monthly cash flow. Remodel your home. Many seniors need to make changes to their homes to accomodate for aging. Help your adult children when … (9 comments)

fresno reverse mortgage: Fresno Question: What Happens To My Reverse Mortgage After I Die? - 07/11/15 02:24 PM
Fresno Reverse Mortgage Question: What Happens To My Reverse Mortgage After I Die?
 
I have never done a reverse mortgage loan where a senior did not ask, “So, what happens to my reverse mortgage once I pass away?”
 
Its actually a very simple process. However, there are some things you should do once your reverse mortgage is in place.
                                                     
 
First, you need to secure a place in your home where all your important documents are to be kept. … (5 comments)

fresno reverse mortgage: Fresno Reverse Mortgage Question: Can I get All My Equity Out? - 07/11/15 02:20 PM
Reverse Mortgage Question From Fresno: If I own my home free and clear why can’t I get all the equity out of it with a reverse mortgage?
 
 
So you have heard about a reverse mortgage and how it can benefit you! You have heard that you can use your home equity to live on. You have heard that its free money. You have heard its the best way to use your home equity.
 
Yes, it is true that it is the best way to use your home equity. However, there are many misconceptions about reverse mortgages.  Many of these misconceptions create very disappointed … (3 comments)

fresno reverse mortgage: Fresno Question: Why is My Reverse Mortgage Different Than My Parents? - 07/11/15 02:16 PM
Question from Fresno, CA: Why is My Reverse Mortgage Different Than My Parents?
 
Many seniors often have questions about  reverse mortgages. Many of the baby boomers that are retiring helped their parents get reverse mortgages 15 to 20 years ago.  They are often confused as to why their parents got such a better deal than they did.
 
Just as rules and regulations are continually changing with traditional mortgages, so are the rules of reverse mortgages. Reverse Mortgages are FHA Loans (Federal Housing Administration). They are continually adjusting and changing the rules of reverse mortgages to make things better. Sometimes it is better and … (2 comments)

fresno reverse mortgage: The Three Magic Networking Words: Feel, Felt, Found - 07/11/15 02:12 PM
The Three Magic Words: Feel, Felt, Found
 
                                  
 
For years I was involved in a network marketing company, also known as multi-level marketing company. Whether you like network marketing companies or not, one of the things that can be said about them is that for those who are willing to learn there is a lot of training available.
 
One of the best gifts I received from network marketing training were the three magic words: feel, felt, found.
 
Here is how it works. When your clients tell you a negative … (7 comments)

fresno reverse mortgage: Fresno Reverse Mortgage Question: Why do my friends tell me forget it? - 07/11/15 02:06 PM
I received a call a few weeks ago from a realtor. She has a client that she is working with. They had a large amount of cash and were ready to buy their retirement home in the outlying areas of Fresno.  The home was in escrow. It was a beautiful home and they were very interested in They had heard some great things about the reverse mortgage and wanted to go with the reverse mortgage once their house had closed escrow.
 
We were getting ready to proceed with the first step, which was the reverse mortgage counseling. Everything was going great and … (2 comments)

fresno reverse mortgage: Check Out This Great Retirement Home Near Fresno, CA! - 07/11/15 01:48 PM

A beautiful home for your retirement! Second home is a great home for family to come and visit you with without taking up your own personal space. There is so much potential here!
Comments for 48025 Road 620, Oakhurst, CA 93644 Enjoy beautiful views, privacy, two creeks, and two homes on 12.3 acres. One side of this parcel borders Miami Creek, while a seasonal tributary flows through the property (during the rainy season). The first manufactured home is a 2004, 1932 sq.ft., 3bd/2b home with a detached 2-car garage. The second manufactured home is a 1976, 1483 sq.ft., 2bd/2b home with … (0 comments)

fresno reverse mortgage: Fresno Reverse Mortgage Question: Why do you need to verify my income? - 07/06/15 06:50 PM
As of April 27, 2015, getting a reverse mortgage just got a little tougher. Gone are the days that a reverse mortgage loan officer can qualify a senior based on their age and equity.
Today its a lot tougher. One of the first things your reverse mortgage loan officer is going to do is verify your income.
                                                             
You will need to make a certain amount of income after expenses have been paid in … (12 comments)

fresno reverse mortgage: Why Networking Doesn't Work - 07/06/15 05:44 PM
Being the lead ambassador of one of the most successful networking groups in Fresno, California was an interesting position.  Our networking group met on a weekly basis.  It was an open networking group, meaning that anyone could come whenever they wanted and network with other business owners.
We had anywhere from 40-50 people each week.  It was a lot of work, but it was also a lot of fun. I met many people that led me down the path I am on today. It was an amazing venture!
However, repeatedly I would hear from the whiners and complainers that they were going to quit … (43 comments)

fresno reverse mortgage: Starter Home in Fresno, California With Drought Friendly Landscape - 07/06/15 05:24 PM

If you are looking for a drought-friendly landscape, this could be the home you want. Its unique and has its own personal appeal as soon as you see the home.  A lovely house located on Sierra Ave close to shopping center, gas station, Herndon, interstate 41 and 99. Bullard school system. So close to everything that doesn't need a car. House is accessible to shopping center and schools.
To View this home, please contact the realtor, Michael Razavi at 559-269-8778, For financing, call Jennifer Provencio at 559-994-3692.
(2 comments)

fresno reverse mortgage: Fresno Reverse Mortgage Question: How long does it take to get one? - 06/30/15 08:09 AM
Many times, seniors come to me after they have exhausted all of their other resources and they do not know what else to do. They are looking for a way to make retirement a little easier and take the financial stress out of it.
I see seniors who are surviving on crackers and water who do not have enought money to make it to payday. I see seniors who have to decide to put food on their tables or to buy their medications.  I see seniors who want to travel a bit and see the world, but have no money. I see … (0 comments)

fresno reverse mortgage: Beautiful Northwest Fresno Home Ready for Retirement! - 06/30/15 07:45 AM
Buy This Home and Never Make a Mortgage Payment!



 
This beautiful single story home offers plenty of decorative amenities that make it stand out among the other homes. This 4/bed 3 /bath home has beautiful tile flooring throughout. The formal living room/dining room are painted in natural colors with a double sided fireplace and beautiful archway that leads you into the family room and kitchen. The kitchen offers plenty of storage, a gas stove plus an eating area. all 4 beds are painted w/ decorative colors, plus 1 bed also is attached to an extra room, which makes for a perfect home … (0 comments)

fresno reverse mortgage: Why Every Realtor Needs Reverse Mortgages In Their Bag Of Tools - 06/12/15 03:08 AM
It has been said that successful people never worry about what others are doing. This is essentially what sets them apart from the crowd. It makes them different.  Successful people are willing to do what unsuccessful people are not willing to do.
 
Those are interesting thoughts when it comes to the real estate industry. I know many successful realtors. Many of them have a niche market that they focus on and that makes them successful. One gentleman that I work with works in the luxury housing market.  If you have a luxury home, this is the guy to call. He has become … (1 comments)

fresno reverse mortgage: Seven Day Cooling Off Period for Fresno Reveres Mortgages - 05/18/15 04:08 AM
My lender told me there is a seven day cooling off period before my appraisal can be ordered. What is that about?
 
This is a very interesting question! Basically what our law makers want to do is give seniors a little more time to decide if a reverse mortgage is right for them after they have had their mandatory counseling session and before any services are ordered.  There is a seven day, and we are talking business days, wait period before a senior can proceed with their loan.
 
It sounds good on the surface, but what I have seen from a Reverse Mortgage … (0 comments)

 
Jennifer Provencio, The Reverse Mortgage Speciailist (San Diego County and Central Valley)

Jennifer Provencio

The Reverse Mortgage Speciailist

Oceanside, CA

More about me…

San Diego County and Central Valley

Address: 437 Calle Corazon, Oceanside, CA, 92057

Mobile: 559-994-3692



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