What is a Home Equity Conversion Mortgage (HECM)*?

A HECM reverse mortgage loan is a way to turn a portion of the equity in your home into cash. The proceeds from a reverse mortgage can be used to pay for unexpected expenses, such as nursing home costs or long-term care. It could also provide you with additional cash flow for all the expenses you have. As long as all loan terms are met, the loan does not require repayment until the last surviving

What Caregivers Want You to Know

Being a family caregiver is not an easy task. There are numerous physical, emotional, spiritual and financial challenges in caring for an older family member.  Family caregivers will spend on average 4 to 5 years of their life caring for their loved one. It’s a long, hard, tough job caring for a family member.  Many family caregivers report their health has gotten worse since they became a caregiver.  Elderly caregivers have a 63% higher mortality

The Upside of Senior Downsizing – How a Seniors Real Estate Specialist Can Reduce the Overwhelm

You may have lived in your home for 50+ years. You may have raised your children in your home. You have worked your entire life to accumulate the items in your home. You wonder, how can I give up this home that is full of love and memories? Here are three questions you’ll want to ask yourself: Is home maintenance becoming a problem? Is it time to live closer to my children or grandchildren? Is