Sentences with phrase «older homeowners considering»

Older homeowners considering a reverse mortgage must get counseling from a government - approved agency.

This consumer toolkit from the National Reverse Mortgage Lenders Association will help older homeowners consider whether their current home environment will best serve their needs as they age.

Not exact matches

If your house has appreciated significantly, you might also consider a reverse mortgage, which enables homeowners age 62 and older to convert part of their equity into cash.

These are just a few pros and cons of reverse mortgage for seniors ages 62 years and older to consider, and many senior homeowners agree that the positives outweigh the negatives when comparing them.

Homeowners 62 years of age or older may want to consider tapping into their home equity as a means of supplementing their income.

Older homeowners looking for ways to raise current income may consider tapping into their home equity by using a reverse mortgage.

Hot Links Reverse Mortgages Older homeowners looking for ways to raise current income may consider tapping into their home equity by using a reverse mortgage.

This type of mortgage allows homeowners 62 + years old to convert a portion of their home equity into usable funds without having to repay the loan for as long as the borrower continues to meet the loan obligations.1 As you evaluate this financing option consider -LSB-...]

If you are a homeowner aged 62 or older and you are considering a reverse mortgage (also known as a home equity conversion mortgage or HECM), then you might find this information interesting.

In a study conducted by the Macarthur Foundation, 45 % of current homeowners admit that they would consider renting again in the future when their home becomes too much work for them in their old age.

The New York Court of Appeals, in Cragg v. Allstate, recently had occasion to consider the scope of an exclusionary clause in a homeowner's policy in the compelling context of a lawsuit brought after the accidental drowning of a three - year - old girl, deciding that her father was entitled to a wrongful death award.

This can be a source of great consternation for many homeowners, since what's considered properly or improperly maintained is arbitrary; even if you've inherited a household full of older appliances, your provider may still refuse to honor the warranty if, for example, the hot water heater or fridge were mistreated by the home's previous owner.

Although they haven't made a final decision, says Westel, the homeowners are considering re-milling wood from old barns to create the new floors.

An Arizona appellate court has considered an owner's challenge to a homeowner's association attempt to change the subdivision's bylaws in order to make it a community of residents who are 55 or older.

These are just a few pros and cons of reverse mortgage for seniors ages 62 years and older to consider, and many senior homeowners agree that the positives outweigh the negatives when comparing them.

This type of mortgage allows homeowners 62 + years old to convert a portion of their home equity into usable funds without having to repay the loan for as long as the borrower continues to meet the loan obligations.1 As you evaluate this financing option consider -LSB-...]

Are you considering whether a reverse mortgage is right for you or an older homeowner you know?