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Westborough, US
Wednesday, November 13, 2019

Know the true cost when making a decision

By Alain Valles With recent improvements made by the federal government to the reverse mortgage program, the cost of most reverse mortgages have dropped by...

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 and retirement risks

If you’re approaching retirement or hopefully enjoying retirement, there may be a nagging concern of have you done everything possible to minimize your financial risks?  Whether you have professional advisors, do your own planning - or perhaps worse, ignore the entire topic - below are economic areas that can affect your quality of life once you stop working:

The ins and outs of reverse mortgages

By Alain Valles “I heard reverse mortgages are bad” is the response I often receive when I tell people what I do. Fortunately, I don’t...

Will you be able to afford to ‘age in place’?

I love my home. It is familiar, cozy and the place where I feel most secure and comfortable. I never want to leave. In fact, few people are eager to make a change in where they live, even as they grow older and their needs change. Studies have shown that 90 percent of adults over the age of 65 would prefer to stay in their current residence as they age.

Reverse mortgages: It’s about time

By Alain Valles, CRMP Reverse mortgages often conjure dire outcomes. But the facts are just the opposite. With changes to the government-insured loan program, formally...

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...

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: Time to trust?

Reverse mortgages are government-insured loans also known as Home Equity Conversion Mortgages (HECMs).

Social Security and reverse mortgages

By Alain Valles, CRMP, MBA, CSA Is 62 the best time to start receiving Social Security? According to the Social Security Administration, you may start receiving...