The Complete Guide to Reverse Mortgages

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54 min read
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224 pages 2009

About This Book

This invaluable guide explains everything you need to know about reverse mortgages and how to use them to your advantage. Until recently, there were only two main ways you could get cash from your home: sell it or borrow against it and make monthly loan repayments. Reverse mortgages offer a third way of getting money from your home. If you are a homeowner, age 62 and older, you are eligible to apply for a reverse mortgage loan that converts your home equity into a tax-free income.With The Complete Guide to Reverse Mortgages, you'll learn all you need to know to earn the supplemental income you need, without worrying about:Having to sell your homeGive up your titleOr take on a new monthly mortgage payment.This invaluable guide explains everything you need to know about reverse mortgages and how to use them to your advantage. With practicing attorneys Tyler Kraemer and Tammy Kraemer leading the way, you will learn the step-by-step process to getting a reverse mortgage and making the best of your retirement!Tammy Kraemer has been an attorney practicing business, real estate, and intellectual property law for almost ten years. She is currently in private practice.Tyler Kraemer has been an attorney in private practice focusing on estate planning, real estate, finance, and business law for almost ten years. His clients include lenders, borrowers, mortgage brokers, real estate brokers, real estate buyers and sellers, and business owners.

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