Reverse Mortgage

Need money? - Know your options!  By Alain Valles, MBA, MS Real Estate is Good News Why buy?  It’s simple – you’ll have a better chance of...

Increase Your Monthly Cash Flow! Pay Off Your Mortgage & Other Bills!   By Alain Valles, MBA, MS A reverse mortgage gives qualified borrowers the option to...

I was recently at a local charity event and invariably people asked what I do? My answer is always “I save financial lives by educating people about reverse mortgages and, when appropriated, arrange them.” That’s usually followed by a polite sigh and then the person stating: “Aren’t those bad? Doesn’t the person lose their home to the bank or government? Don’t the kids lose their inheritance? Don’t you have to have no mortgage? Isn’t a reverse mortgage a last resort?” In other words, they’re really asking “Aren’t you just taking advantage of old people?”

Reverse mortgages are government-insured loans also known as Home Equity Conversion Mortgages (HECMs).

Desire More Cash? For today or tomorrow? By Alain Valles, MBA, MS So many things are causing fear. Globally – world conflict, politics, and inflation. Personally...

By Alain Valles, CRMP Everyone has heard the words “reverse mortgage.” But few people really know how one works. However, most of us know the challenge,...

By Alain Vallès, CRMP, CSA, MS, MBA, Managing Director 781-724-6221/av@hhcp.org Timing is critical – With all the economic damage occurring, I strongly suggest that potential eligible...

By Alain Valles With recent improvements made by the federal government to the reverse mortgage program, the cost of most reverse mortgages have dropped by...

By Alain Valles, CRMP, CSA, MS, MBA (Photo Alain Valles, Photo submitted) Many have heard the words “reverse mortgage,” but few have a clear understanding of...

Real estate values continue to increase but so do major living expenses. Does it make more sense to downsize or figure out a plan to remain financially independent at home?  It reminds me of the old Clash song - “Should I stay or should I go?”