What's the Deal with Reverse Mortgages?

What's the Deal with Reverse Mortgages? PDF

Author: Shelley Giordano MA

Publisher:

Published: 2019-04

Total Pages: 258

ISBN-13: 9781781333600

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If you are a financial professional working with retirees or if you are a retiree overseeing your own retirement spending, this book is for you. What's The Deal With Reverse Mortgages? explains in simple language how to safely and effectively include the home in retirement planning.

Reverse Mortgages

Reverse Mortgages PDF

Author: Wade Donald Pfau

Publisher: McLean Asset Management Corporation

Published: 2018-02-06

Total Pages: 156

ISBN-13: 9781945640049

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Reverse mortgages have been surrounded by negativity. They were often mentioned alongside phrases like "last resort," "out of money," and "bad choice." In 2014, intrigued by the seemingly universal bad rap reverse mortgages had cultivated, Dr. Wade Pfau began researching them in depth. Over the course of the next year, he came to the conclusion that reverse mortgages aren't inherently a bad idea, though they are often misunderstood and not used in a most beneficial way. In fact, Dr. Pfau realized that reverse mortgages---when used correctly---can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiquid asset. This second edition of the book is fully revised and updated for the modification of reverse mortgage rules affecting applications after October 2, 2017.

The Reverse Mortgage

The Reverse Mortgage PDF

Author: Sophie Roussin

Publisher:

Published: 2007

Total Pages: 60

ISBN-13:

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Appearing nearly four decades ago in Great Britain, the reverse mortgage began to gain popularity during the 1970s before crossing the Atlantic in the 1980s. Once considered a minor financial product, today the needs of an aging population ensure the growing success of the reverse mortgage loan. A reverse loan permits a resident owner to mortgage a portion of the net value of his property in order to increase his revenue, or, as CHIP (the Canadian Home Income Plan Corporation), a Canadian business specializing in reverse mortgages puts it, to free up the value of a home and convert it to dollars. The reverse mortgage loan is currently available in numerous countries, notably the U.S., Great Britain, Australia and Canada, where it is attracting more and more consumers.

Encyclopedia of Finance

Encyclopedia of Finance PDF

Author: Cheng-Few Lee

Publisher: Springer Science & Business Media

Published: 2006-07-27

Total Pages: 861

ISBN-13: 0387262849

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This is a major new reference work covering all aspects of finance. Coverage includes finance (financial management, security analysis, portfolio management, financial markets and instruments, insurance, real estate, options and futures, international finance) and statistical applications in finance (applications in portfolio analysis, option pricing models and financial research). The project is designed to attract both an academic and professional market. It also has an international approach to ensure its maximum appeal. The Editors' wish is that the readers will find the encyclopedia to be an invaluable resource.