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Debunking the Biggest Misconception: With a Reverse Mortgage, You Still Own Your Home

When it comes to reverse mortgages, there is a common misconception that you lose ownership of your home. However, this couldn't be further from the truth. With a reverse mortgage, you retain full ownership of your beloved property. A reverse mortgage is

Dec 04, 2023 |

Avoid Capital Gains Taxes with a Reverse Mortgage

Are you a homeowner who bought your house at a bargain price, only to see its value skyrocket over the years? Congratulations on your wise investment! However, with increased property value comes the potential burden of capital gains taxes. We have a solu

Nov 30, 2023 |

What happens to the property when a homeowner with a Reverse mortgage passes away?

Just like having a conventional  mortgage, when the last homeowner of a property with a reverse mortgage passes away, the property is typically transferred to the heirs. The heirs have the option to keep the property, sell it, or refinance it. Howeve

Nov 27, 2023 |

Happy Thanksgiving

Happy Thanksgiving

Thanksgiving is a time to come together with loved ones, share delicious meals, and create lasting memories. Whether you're gathered around a table laden with traditional dishes or enjoying a quiet moment of reflection, we hope your day is filled with war

Nov 23, 2023 |

My client on fixed income just spent 150 at the supermarket, however that didnt include food!

  I received a call last night from a homeowner in Massapequa, N.Y.  This homeowner reached out to us after experiencing significant financial strain. Despite having a small mortgage, he found it increasingly difficult to cover his everyday expe

Nov 22, 2023 |

Why a Reverse Mortgage is a Smart Alternative to Using Your 401k Money

Are you considering using your hard-earned 401k money to supplement your retirement? Before you make that decision, let's explore an alternative that could potentially benefit you even more – a reverse mortgage. Over the past 20-30 years, your home

Nov 21, 2023 |

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