Reverse Mortgage Book
Everything You Need to Know Explained Simply
By (author) Cindy Holcomb
Normal Price: $28.74
Your Price: $25.86 AUD, inc. GST
Shipping: $7.95 per order
You Save: $2.87! (10% off normal price)
Plus...earn $1.29 in Boomerang Bucks
Availability: Available, ships in 8-11 days
Reverse Mortgage Book by Cindy Holcomb
Book DescriptionRecent estimates have shown that there are more than 100,000 active reverse mortgages in the United States, and that number is on the rise. Reverse mortgages allow people over the age of 62 to release the equity in their property and defer payments until the homeowner dies. As these mortgages become more and more popular, it is becoming increasingly important for senior citizens to understand the process and the features of this unique loan. This book does just that, explaining everything you need to know in easy to understand terms. In this new book, you will learn about the details of new legislation, payment plan options, tools that will help you calculate loan advances, financing fees, what to do with leftover equity, borrower qualifications, common mistakes people make, resources for securing reverse mortgages, and planning strategies. You will also learn about the types of reverse mortgages, including the Home Equity Conversion Mortgage, the Financial Freedom Cash Account, and the CHIP Reverse Mortgage for Seniors, and the different ways to receive payments, such as tenure, term, line of credit, modified tenure, and modified terms. In addition, you will learn about the steps involved in a reverse mortgage, from the application to processing, from underwriting to closing. This book also goes into detail about how to convert equity into tax-free income, how to determine how much money you can get, how to determine if your home qualifies, how to shop for the best products, how to find a counsellor, how reverse mortgages differ from other loans, and how to minimise set-up fees. This book will provide you with the answers to commonly asked questions, such as, Is it possible for me to lose my home? What effect does my age have? What effect will my needs for long-term care have? By reading this book, you will completely understand everything there is to know about reverse mortgages, enabling you to make wise decisions and maintain your financial independence.
Buy Reverse Mortgage Book book by Cindy Holcomb from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9781601382139
(155mm x 230mm x 18mm)
Imprint: Atlantic Publishing Co
Publisher: Atlantic Publishing Co
Publish Date: 1-Apr-2008
Country of Publication: United States
» Have you read this book? We'd like to know what you think about it - write a review about Reverse Mortgage Book book by Cindy Holcomb and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Cindy Holcomb
Cindy Holcomb is a freelance writer and poet who was born and raised in Rome, Georgia. Acquiring a love of books from her mother, Cindy began reading at age 4 and writing at age 5. Cindy works as a freelance writer from her home in Cedar Bluff, Alabama, where she lives with her husband and children on beautiful Weiss Lake. Cindy has published many articles via the Internet and was a staff writer for Southern Families Magazine, a regional magazine covering Louisiana, Mississippi, and Alabama. Cindy is currently pursuing a degree in business from Phoenix Online University."
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2016. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.