Posts Tagged Reverse Mortgages

  • Incentives for Buying New Homes Incentives for Buying New Homes

    By Dan Dolan Dan Dolan Homes Seniors may not be taking full advantage of $11,000-plus incentives for buying their new homes. And the benefits of one-time down-payment reverse mortgages for purchase are still not well known.  The level of activity at my weekend open houses has been picking up...

  • Seniors Are Thinking in Reverse These Days! Seniors Are Thinking in Reverse These Days!

    By Bill Klinkenberg Wells Fargo Senior Products Division The words “Reverse Mortgage” have raised questions and concerns in the past throughout the United States. However, it would appear that those questions and concerns have been lessened over time. In April of 2009, it was reported that 1...

  • 10 Reasons Why I think Using a Reverse Mortgage to Purchase a Dan Dolan Town Home is a Good Idea. 10 Reasons Why I think Using a Reverse Mortgage to Purchase a Dan Dolan Town Home is a Good Idea.

    By Dan Dolan Dan Dolan Homes What is a reverse mortgage? This form of mortgage has been available since the late 1960s. But until January of 2009 it could only be used to access the equity in your existing home. Now it can be used to buy a new home. How it works. All the participants s...