The New Reverse Mortgage Formula. How to Convert Home Equity into Tax-Free Income

Tom Kelly

ISBN 10: 0471679569 / ISBN 13: 9780471679561

Published by Wiley, 2005

About this Item

Broschiert Sehr guter Zustand, ohne Namenseintrag Zustand: 2, Sehr gut - gebraucht, Broschiert Wiley , 2005 , The New Reverse Mortgage Formula. How to Convert Home Equity into Tax-Free Income, Tom Kelly, 0471679569, BU392278.

Seller Inventory # BU392278

Bibliographic Details

• Title: The New Reverse Mortgage Formula. How to Convert Home Equity into Tax-Free Income
• Publisher: Wiley
• Publication Date: 2005
• Language: English
• ISBN 10: 0471679569
• ISBN 13: 9780471679561
• Binding: Soft cover
• Condition: Sehr gut - gebraucht
• Seller catalogs:
  • Ratgeber

About this title

Synopsis

The New Reverse Mortgage Formula explains reverse mortgages in easy language so seniors and their family members can fully understand and benefit from these useful loan products. Reverse loans allow seniors to convert part of their home equity into tax-free income, letting seniors easily borrow against the value of their home without selling it. Safer than ever, today’s reverse mortgages are non-recourse loans and lenders do not share in any appreciation or accrued equity. Safe and simple, reverse mortgages are a valuable option for senior homeowners having trouble living on a fixed income or in need of extra cash for any unforeseen expense.

About the Author

TOM KELLY is a former real estate editor for the Seattle Times. He currently writes a nationally syndicated column and hosts a nationally syndicated radio program. He is recognized by the National Reverse Mortgage Lenders Association as a leader in explaining and detailing reverse mortgage products to consumers. With The New Reverse Mortgage Formula, he provides an innovative, commonsense guide for unlocking critical cash for seniors, creating a financial strategy for baby boomers, or building a pool of funds to pay for future healthcare.