Archive | Finance

Holding a hand and letting go

By Marianne Delorey I remember holding my son’s hands while he learned to walk. There is nothing quite like the feeling of letting go and seeing your baby walk away, not needing you anymore. It is one of the most complicated emotions I have ever experienced — in equal measure frightening, heartening, exciting, sad, and […]

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Posted in Housing Options1 Comment

Reverse mortgages: If you had a magic wand

By Alain Valles Since 1987, Home Equity Conversion Mortgages (HECMs), also known as reverse mortgages, have been a viable option for hundreds of thousands of homeowners aged 62 and older. Over the years there have been many changes to this loan program, with the goal always being to ensure a reverse mortgage is a long-term […]

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Flying high: Airstream can’t keep up with demand

Not only are the retro-looking “silver bullet” travel-trailers still being built by hand at the same western Ohio site that has produced them for 60 years, but the company also can’t roll them out of there fast enough.

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Save money with FHA loans

By Alain Valles On Jan. 7 President Obama announced that the Federal Housing Administration (FHA) will drastically lower the cost of FHA mortgage insurance by 37 percent. This reduction, combined with record low interest rates, has created a tremendous opportunity for millions of people to save billions of dollars on current and future FHA loans. […]

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Wake up your lazy asset with new lending option

By Alain Valles If you are like most people your two largest retirement assets are your investment savings and your home. However, due to its illiquidity, the home is seldom part of the retirement planning conversation. It has simply been too hard to turn home equity into ready cash. But a paradigm shift is occurring […]

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Not always easy enforcing rules in housing community

By Marianne Delorey© I’ve been in property management for most of my adult life. It is a great job and one that has provided me with a fair amount of excitement but mostly, a sense of doing something important. I help people. I provide them with housing that is safe, attractive and affordable. Mostly, I […]

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Posted in Caregiving Tips, Housing Options0 Comments