by admin | Aug 7, 2020 | All Law, Elder
A reverse mortgage is a nonrecourse loan. That means, if the home sells for less than what is owed, you or your heirs will not be responsible for paying the difference. Depending on the type of reverse mortgage you get, the FHA or the lender will cover the difference...
by admin | Aug 5, 2020 | All Law, Elder
Let’s begin this article by talking about what “reverse mortgages“ are. Reverse mortgages are exactly what they sound like they are—they are the “reverse” of a traditional mortgage. With a “regular” (traditional) mortgage, the lender makes a loan to you that allows...
by admin | Aug 3, 2020 | Estate Planning
Estate planning has always been a challenge for many people. The usual reasons for procrastination have taken a backseat this year to the new challenges of COVID-19. Perhaps unlike anything most of us have ever experienced, the world has changed right before our eyes...
