The Time for Preparing

This time of year seems to have us preparing for so many things.  We are preparing our house to celebrate the Christmas season decorating our home inside and out.  We are preparing to welcome friends into our home to share the season.  We are preparing to have family visit us over the holidays. We are preparing special foods and goodies to share.  We are preparing our plans for what we want to do next year.  Now…….I am exhausted.

 

I know there are many people who are older homeowners who have limited resources to do any of the things I have mentioned above.  They live on fixed incomes and have just enough to make it from one day to the next.  Many of these homeowners are proud and do not want to ask for help or just do not want to let others know they need some help.  Help can be just around the corner if they are willing to talk to a reverse mortgage specialist to learn about reverse mortgages.

 

This Christmas Season, like all others past, provides an opportunity for family to gather around the kitchen table and discuss everyone’s life and plans for the coming year.  What a perfect time for the parents to ask their children to help them research and understand the reverse mortgage process.  I meet with many families and work with children to help their parents understand the reverse mortgage.  It works.  Children are trusted by their parents to guide them and select a reverse mortgage specialist they can trust.

 

So I counsel the children to listen and observe when you are with your parents.  Understand their need to seek financial assistance in these difficult times.  Help when you can and when the burden can be too much, let me come into your circle and help your family.

 

Have a great holiday season.  Merry Christmas to all.

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A New Venture for Me

Greetings everyone.  It is Thanksgiving week and I wanted to wish everyone a Happy Thanksgiving as you gather with family and friends.  We have so much to be thankful for.  These past few years have been tough with all of the financial meltdown happenings.  It does not seem to want to end either.  About the time we think its getting better, news of another crisis looms ahead.  Now the global markets are struggling to get propped up by new loans.  I pray for better days ahead.

Reverse Mortgages are gaining some momentum as homeowners are looking for ways to prop up their portfolio and minimize withdrawals from them.  Financial planners are recommending to their clients that by tapping into one’s home equity can preserve portfolios and give them time to increase in value as markets improve.

FHA lending limits are being set at their old value of $625,500.  This limit will stay in place until at lease December 31, 2013.  That is a relief for homeowners who have higher value homes.  Call me 510.701.2167 or email me Marty@MartyAppel.com and lets discuss your situation.  If you have parents who may need a Reverse Mortgage, rest assured I will provide the best service to them.

Until next time, enjoy your Thanksgiving.

 

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