California home sales fall; now may be the time to apply for a Reverse Mortgage
California has enjoyed a housing boom over the last 9 years, but according to Corelogic– the premier CA-based financial and property analytics firm, the number of homes sold has fizzled over the past year. Sales of new homes, existing homes, and condominiums have dropped by 11.8% from June 2017 to…
Retiring out of state? We are licensed for reverse mortgages in 17 states
Between 2007 and 2016 16 million residents moved out of California; many of whom were seniors retiring to different states. The HECM for purchase program allows seniors to take the equity from their current home sale and purchase a new home with a large down payment. They move in and…
Options that will increase your social security check
American retirees today are less prepared than previous generations. Many retirees believe that you need over $1 Million dollars saved to properly retire. Yet, according to a BankRate survey in 2017 those aged 56 to 61 only have $163,577 set aside for their golden years. This indicates a huge dependence…
