Archive | Finance

Reverse mortgages. The magic wand?

By Alain Valles, CRMP, MBA, CSA Managing Director Helping Hands Community Partners, Inc. How will you pay for retirement? If you are over 61-years-old, own a home with equity, and are concerned about your current or future financial situation or independence then you should learn about reverse mortgages. Projected life expenses keep piling up. Fidelity’s […]

Read the full story

Posted in Reverse Mortgage0 Comments

With or without you

By Marianne Delorey Dearest Relative, I recently mentioned my worries about you living in that big, old house with the stairs. You made it clear you did not want to talk about losing your independence. “I’m fine! Living here is my choice. You cannot take that away from me.” This is true. Legally, I get […]

Read the full story

Posted in Housing Options0 Comments

Your home may never be more valuable

By Alain Valles, CRMP, MBA, CSA, Managing Director Helping Hands Community Partners, Inc. The real estate market in Massachusetts is red hot. Housing prices have climbed sharply after bottoming out during the Great Recession. In just the past year, the median Massachusetts home value has risen 5.8 percent to $386,500. If you have owned your […]

Read the full story

Posted in Finance0 Comments

Back in my day

By Marianne Delorey “Age is foolish and forgetful when it underestimates youth.”  – J.K. Rowling Tension between the generations is natural. Even young toddlers need to push off from their mothers’ arms and learn to walk without help. This sets the precedent for many many things to come. It is most obvious when those beautiful […]

Read the full story

Posted in Housing Options0 Comments

Senior housing finance:  You’re a winner

By Alain Valles, CRMP, MBA, CSA, Managing Director Helping Hands Community Partners, Inc. “The winner is…” – YOU! I enjoyed watching the Academy Awards last month to see the surprised and happy faces of the film artists in the lesser known categories like best production design, costume design, or sound mixing – all the people behind […]

Read the full story

Posted in Reverse Mortgage0 Comments

A new local resource for senior homeowners

By Alain Valles, CRMP, MBA, CSA, Managing Director, Helping Hands Community Partners, Inc. “If you give it out in slices it comes back in loaves.” As a for-profit owner of a mortgage company, I’ve had the good fortune of arranging thousands of home purchases, refinancings, and reverse mortgages over the past 30 years.  At all […]

Read the full story

Posted in Reverse Mortgage0 Comments