))
Why Use a Reverse Mortgage?
Manage episode 173711985 series 1139850
Dan Rochon에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Dan Rochon 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Reverse mortgages can be a useful tool if you’re 62 or older. Here’s why.
Buying a Northern Virginia home? Get a Full Home Search
Selling your Northern Virginia home? Free Home Price Evaluation
I’m here today to answer another great question from one of our viewers. This one comes from Miss Peaches. She wants to know “What is a reverse mortgage?” Thanks again for the question, Peaches!
If you’re a homeowner that is 62 or older, a reverse mortgage allows you to use the equity in your home to get cash. This allows you to take any substantial equity out of your home and turn it into cash. If you pass away and/or the home is sold, the money will get paid back. The lender makes their money off the interest that has accumulated during the time you had the cash.
If you have any further questions about reverse mortgages or anything else real estate-related, give me a call or send me an email. I’ve got a $25 gift card coming your way, Miss Peaches. If you have a question and we answer it in a video, I’ll be sending you one as well. I look forward to hearing from you soon.
If you’re a homeowner that is 62 or older, a reverse mortgage allows you to use the equity in your home to get cash. This allows you to take any substantial equity out of your home and turn it into cash. If you pass away and/or the home is sold, the money will get paid back. The lender makes their money off the interest that has accumulated during the time you had the cash.
You can turn that equity into cash.
24 에피소드
공유
