Will you be able to afford to ‘age in place’?
I love my home. It is familiar, cozy and the place where I feel most secure and comfortable. I never want to leave. In fact, few people are eager to make a change in where they live, even as they grow older and their needs change. Studies have shown that 90 percent of adults over the age of 65 would prefer to stay in their current residence as they age.
What types of people get a reverse mortgage?
By Alain Valles, CRMP, President- Direct Finance Corp.
Let's play a little game. The next time you attend a high school class reunion, visit your...
Your savory recipe for retirement
The gravy is steaming next to the savory stuffing and sweet potatoes. There are four types of pie for dessert — pumpkin, apple, sweet potato, and pecan. Every family has its own unique Thanksgiving dinner traditions but, as we all know, a carefully followed recipe is key to creating a perfect holiday meal.
If you fail to plan, or measure your ingredients poorly, your pie could be a real flop. The same can be said for financial planning and preparing for your future.
Should I stay or should I go?
A tough choice for senior homeowners
By Alain Valles, CRMP
Should you stay in your own home? Or would you be better off financially to sell...
Use a reverse mortgage to combat stock market anxiety
By Alain Valles
CRMP, MBA, CSA
The prospect of living out one's life in the "golden years" has lost its glow.
Wild stock market swings and a...
Top uses for a reverse mortgage
By Alain Valles,
CRMP, MBA, CSA
A Home Equity Conversion Mortgage (HECM) – often called a reverse mortgage - is a federally insured loan program that...
Are reverse mortgages a scam?
By Alain Valles,
MBA, CRMP, CSA
Home Equity Conversion Mortgages (HECM), more commonly known as reverse mortgages, were authorized by President Ronald Reagan in 1987 and...
Reverse mortgages: financial protection
By Alain Valles, MBA, CRMP, CSA
Hopefully your life has been rewarding and pleasurable. But we all have experienced, or will someday face, life's unexpected...
Reverse mortgages: If you had a magic wand
By Alain Valles
Since 1987, Home Equity Conversion Mortgages (HECMs), also known as reverse mortgages, have been a viable option for hundreds of thousands of...
Flying high: Airstream can’t keep up with demand
Not only are the retro-looking “silver bullet” travel-trailers still being built by hand at the same western Ohio site that has produced them for 60 years, but the company also can’t roll them out of there fast enough.
