By  Rudri Bhatt Patel Intro Your Children Won’t Inherit Your Home   You Will Lose Your Home   Surprise FeesWill Catch You Off-guard    You Will Outlive Your Mortgage Proceeds   You Will Owe More Than the Home Is Worth   Any complex financial transaction involves a certain level of risk, and reverse mortgages are no different. However, due…

By  Stephanie Vozza TABLE OF CONTENTS Intro When Should I Start Planning for Long-Term Care?  How Can I Fund Long-Term Care in Retirement?  What Is Long-Term Care Insurance?  How Can I Protect My Assets?  According to the U.S. Government’s Administration for Community Living (ACL), today’s 65-year-olds have an almost 70% chance of needing long-term care in retirement.…

Intro Get Started Early  Let Them Influence You  It’s easy to have strong relationships with grandchildren when they are small. Little ones are happy to receive all the love offered, and tired parents are often pleased to let grandparents take the kids in exchange for some precious time off. But as children grow and their…

It’s a win-win for buyers and sellers! Using Interest Rate Buydowns as a Strategy to Reduce Monthly Mortgage Payments & Sell More Homes Interest Rate Buydowns are tools that can be used to reduce the monthly payments on a mortgage loan, either permanently, for the duration of the loan, or temporarily, for the first one-,…

New Study Shows More Than Half of Retirees and Pre-Retirees Are Barely Able to Get By Financially, With Only 1 in 10 Respondents Feeling Comfortable With Their Finances Findings Underscore FAR’s Mission to Provide Help, Hope to Retirees Through Home Equity Education, Tools and Products SAN DIEGO, October 03, 2022–(BUSINESS WIRE)–Retirement solutions leader Finance of…

By  Rudri Bhatt Patel Published Thu, Dec 22 2022 A death in the family is always a stressful time. Taking a simple action in advance can help alleviate some of the inevitable financial stress on loved ones and make transferring funds easier after you pass away. If you designate a beneficiary for your bank account(s), in advance, you…

More people are at the age where they want to buy a house before they want to get married. According to The Knot Real Wedding Study, in 2021 the average age of marriage in the US was between 33 – 34 years, depending on whether the couple postponed their wedding a year because of the…

Many people who rent feel trapped by rising costs and the feeling that they can’t afford to buy. Others think that buying would force them to stay in one place, or that taking care of a home and yard would take too much of their time. Home owners might have their own list of pros…