))
Why Use a Reverse Mortgage?
Manage episode 173711985 series 1139850
Контент предоставлен Dan Rochon. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Dan Rochon или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
Reverse mortgages can be a useful tool if you’re 62 or older. Here’s why.
Buying a Northern Virginia home? Get a Full Home Search
Selling your Northern Virginia home? Free Home Price Evaluation
I’m here today to answer another great question from one of our viewers. This one comes from Miss Peaches. She wants to know “What is a reverse mortgage?” Thanks again for the question, Peaches!
If you’re a homeowner that is 62 or older, a reverse mortgage allows you to use the equity in your home to get cash. This allows you to take any substantial equity out of your home and turn it into cash. If you pass away and/or the home is sold, the money will get paid back. The lender makes their money off the interest that has accumulated during the time you had the cash.
If you have any further questions about reverse mortgages or anything else real estate-related, give me a call or send me an email. I’ve got a $25 gift card coming your way, Miss Peaches. If you have a question and we answer it in a video, I’ll be sending you one as well. I look forward to hearing from you soon.
If you’re a homeowner that is 62 or older, a reverse mortgage allows you to use the equity in your home to get cash. This allows you to take any substantial equity out of your home and turn it into cash. If you pass away and/or the home is sold, the money will get paid back. The lender makes their money off the interest that has accumulated during the time you had the cash.
You can turn that equity into cash.
24 эпизодов
Поделиться
