Stock market concerns and your home
By Alain Valles, CRMP, CSA, MS, MBA Nonprofit Charitable Managing Director Stock market uncertainty and rising interest rates Ouch! Stock market gains can be wiped out in...
Reverse mortgages – What’s the process?
By Alain Valles, CRMP, CSA, MS, MBA Too many ads and TV commercials only highlight the benefits of reverse mortgages, and are silent about the...
Reverse mortgages – uncomfortable questions
By Alain Valles, CRMP, CSA, MS, MBA
(Photo Alain Valles, Photo submitted) Many have heard the words “reverse mortgage,” but few have a clear understanding of...
Reverse Mortgages – Ask the Expert
By Alain Valles, CRMP, CSA, MS, MBA (Photo Alain Valles, Photo submitted) You are invited to ask the questions. No question is too trivial or...
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...
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...
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...
Reverse Mortgages – Good or Bad?
Reverse mortgages have been around since 1987 and have helped hundreds of thousands of older homeowners to live in their homes and have access to cash. Reverse mortgages are the most heavily regulated loan program in the country with periodic government changes to continue to strengthen the program.
Reverse Mortgage Attributes
The Oxford Dictionary defines “attribute” as a “quality or feature regarded as a characteristic or inherent part of someone or something.” Attributes are rarely all good or all bad but depend on how the attribute is used. This specifically applies to reverse mortgages.
Should I stay or should I move?
Real estate values continue to increase but so do major living expenses. Does it make more sense to downsize or figure out a plan to remain financially independent at home? It reminds me of the old Clash song - “Should I stay or should I go?”