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Reverse Mortgages for Dummies (Thorndike Large Print Health, Home and Learning)
Posted on 2010-04-13
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Author: Sarah Glendon Lyons, John E. Lucas
Publisher: Thorndike Press (2008) Binding: Hardcover, 408 pages pricer: $30.95 ISBN-10: 1410405648 editorialreviews For seniors who live on a fixed income, owning a home¡ªand keeping it¡ªcan be financially challenging. Rather than face the choice of selling your home and moving or becoming a home-owning pauper, reverse mortgage products let seniors convert part of their equity into tax-free income that can be used for anything¡ªeven mortgage payments, living expenses, or medical costs. Reverse Mortgages For Dummies covers all the basics of reverse mortgage products so you and your adult children can understand and take full advantage of these handy loans¡ªand keep the home you love. Covering a full range of reverse mortgage options and topics, you¡¯ll discover how to:
Written by Sarah Lyons, an Assistant Editor at Mortgage Originator magazine, and John Lucas, an experienced reverse mortgage specialist, Reverse Mortgages For Dummies explains these helpful loan products in simple, easy-to-understand language free of all the jargon. Once you understand how reverse mortgages differ from other loans¡ªand what you could do with your reverse mortgage¡ªthe book covers the specifics you need to find the left loan for you, including:
If you¡¯re a senior wondering whether a reverse mortgage can help you keep your home, this book gives you the information you need to make smart, informed decisions that are vital to you, and your family¡¯s, security. Reverse Mortgages For Dummies will help you keep your home and live the life you want. failed
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