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Purchase Your Dream Home in Portland, Or with a HECM with 30-50% Down

Reblogger Tom Bailey

Real Estate Agent with Margaret Rudd & Associates Inc.

January 24, 2013 07:56 AM

I just went to a seminar on the purchase option part of Reverse Mortgages last week. This wonderful post from Sharo Falvey lays a lot of good info on this product, including two good web pages. This appears on the surface to be a great way for retirees moving to communities like ours to move up to more house. Has anyone used this product? I would appreciate some feedback.

Purchase Your Dream Home in Portland, Or with a HECM with 30-50% Down

Are you waiting until the market corrects so that you can sell your current home and purchase your Retirement dream home? If so, you are like thousands of Older Americans that believe they need to sell their current home for top dollar so they can afford to purchase their Retirement Dream Home and have all the upgrades and options they desire. The truth is you can have your cake and it too! With a HECM for Purchase you can buy your dream home today with 30-50% down payment (depending on the age of the youngest borrower, the older you are the less money you need to put down). So what does that mean to you? It means that you can move into your dream home and list your departure home giving you the time you need to sell it for your established price! Another benefit is that you won't be bothered by potential buyers while you are living in the home.

Most banks do not offer this product and very few people understand how this product works. Education is the key and we are your resource. Please visit my website for more informaiton. Here is a calculator so you can determine what your downpayment would be. Click here

Bend, Oregon: CE Credits for Realtors delivered in Oregon on the topic of Reverse Mortgage

Sharon Falvey, Executive Vice President Northwest Sales has been effectively delivering Continuing Education Credits to Realtors accross the State of Oregon and most recently in Bend, Oregon. This class has been very well received by Realtors that thought they understood the truth about Reverse Mortgage until they took the class.

Sharon Falvey and Security One Lending were recently quoted in "Reverse Mortgage Daily" and "Reverse Fortunes" as well as other's. It brings me great joy to be able to dispel the myths about Reverse Mortgage and show Realtors how they can position themselves to use it correctly and increase their sales. We all need to make our way in these interesting times and you can never have to many tools in your belt to do so.

Dan Heater: Continuing Education Director in Bend Oregon for COAR is quoted as saying: 

"Thank you Sharon so much for the great class on Reverse Mortgages you did at COAR last week. The class was very good. It is amazing that we all still have these pre-conceived ideas about what a reverse mortgage is and how it can fit into our lives as we age. All of our brokers we very impressed with the class and had all changed their minds as to the value and use of reverse mortgages both personally, and as a tool to help their customers.

The class was concise, easy to understand and gave all who attended something else to include in their presentations for their clients. I would recommend this class for anyone to take. Anyone approaching this age, with parents close to this age, or a real estate practitioner with clients of this age would gain valuable information as to how to own real estate as you approach your senior years.

Thanks again.

Dan

Dan Heater

Communication Coordinator"

And Desiree Streeter, Broker in Bend Oregon as saying:

"Hi Sharon,

I want to thank you so much for drawing my card for the nice briefcase. That really brightened my day! I have had some really rough times lately with caring for my mother who has been ill for the past 2 years and then my husband being in the hospital since Feb 2 and getting out tomorrow. With that and work I have definitely had a full plate!

I really enjoyed the class today. I went into it knowing nothing at all about Reverse Mortgages. It was very interesting and I gained a lot of knowledge which I will use. I will highly recommend this class to others I know when I see it posted again. I look forward to your updates!

Thanks Again!

Desiree’

Desiree' Streeter

Real Estate Broker

Cell:541-390-5110"

If you would like more informaiton as to how I can bring this to your Association or Office please do not hesitate to contact me. For more general information please visit my website or call me direct at 541-891-5706 (cell) 503-534-3546 (office). I look forward to serving your needs.

Sharon Falvey

NMLS# 582985

Executive Vice President, Northwest Sales

Home Equity Specialist

541-891-5706

My blog is a personal expression of my own thoughts, and opinions and does not necessarily reflect the thoughts and opinions of Security One Lending

Purchase Your Dream Home in Portland, Or with a HECM with 30-50% Down

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