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Reverse Mortgage Loans Florida News and Informatio

Reverse Mortgage Loans Florida News and Informatio
We discuss the latest news and commentary about reverse mortgage loans from Florida.
Articles: 1, 2, 3, 4, 5

Articles

Florida voters approve Amendment 1
2008-01-30 16:00:00
As of 10:10pm on January 29, the Florida Department of State, Division of Elections' unofficial election night returns indicate Florida voters have approved Amendment #1.
More About: Voters
Florida Attorney General Bill McCollum cautions seniors about reverse mortg
2008-01-29 16:00:00
Florida Attorney General Bill McCollum has cautioned seniors about scams relating to reverse mortgages. He issued a consumer advisory that warns senior citizens in Florida about predatory lenders or brokers trying to capitalize on their situation.
More About: Florida , Attorney General , Seniors
Florida seniors have the opportunity to receive debt-free cash today
2008-01-28 16:00:00
If you live in Florida and considering a reverse mortgage consider this. The EquityKey program is a debt-free alternative for those between the ages of 65 and 85 who are considering a reverse mortgage.
More About: Free , Today , Opportunity , Debt
Sub-prime mortgage companies have put the housing economy upside down
2008-01-25 16:00:00
It is easy to play Monday morning quarterback with why the sub-prime mortgage companies have put the housing economy upside down. At the time everyone was excited because home ownership rose to record levels and a lot of people were making a lot of money.
More About: Economy , Companies , Mortgage , Housing , Prime
Property taxes in Florida takes a big toll on any homeowner income
2008-01-24 16:00:00
On January 29, 2008, Floridians will have a chance to change the law on property taxes by voting on Amendment I.
More About: Taxes , Property , Florida , Income , Toll
Now is the time to refinance your home mortgage
2008-01-23 16:00:00
By the beginning of February expect to see the lowest interest rates in years for home mortgages. Anyone who refinanced only six months ago may see as much as a 2 point different in their current rate compared to the rates today.
More About: Time , Home , Mortgage , Refinance , The Time
Using a reverse mortgage to purchase a vacation home
2008-01-22 16:00:00
The only problem is that not all seniors can afford to live in two homes and keep up with the costs. What many seniors are doing to make this possible, is to take out a reverse mortgage on their current home and purchase a vacation home.
More About: Home , Vacation , Mortgage , Purchase , Reverse Mortgage
Reverse mortgage may help you escape bankruptcy or foreclosure
2008-01-21 16:00:00
According to forecasts made by Housing Predictor, Miami, Florida leads the list of the Annual Worst 25 Housing Predictor Market Forecasts for 2008.
More About: Foreclosure , Mortgage , Bankruptcy , Escape , Reverse Mortgage
Reverse mortgage numbers for 2007 are in by the FHA
2008-01-18 16:00:00
The FHA released their numbers for HECM reverse mortgage loans. As expected there was a significant increase in the number of HECM cases issued from the prior year.
More About: Mortgage , Numbers , Reverse Mortgage , Number , Mort
Reverse mortgages are a great option as a source of extra income
2008-01-16 16:00:00
For those seniors who are house rich, but cash poor, they could always sell their home and downsize to a smaller home. But most seniors are already settled and don?t want the hassle of looking for another home.
More About: Great , Source , Income , Mortgages , Extra
Prepare now for the potential collapse of the economy
2008-01-15 16:00:00
If all this activity in the mortgage space so early in the New Year hasn?t woken you up to what appears to be the beginning of a major collapse in the economy then what signs are you waiting for?
More About: Economy , Collapse , Pare , Prep
Reverse mortgages can be very versatile
2008-01-14 16:00:00
There are many ways in which seniors can utilize the equity in their home, some are wise, and others are not.
More About: Mortgages , Mort , Ages
Seniors everywhere are looking into reverse mortgages
2008-01-11 16:00:00
As the mortgage industry refuses to show any signs of improvement, seniors everywhere are looking into reverse mortgages.
More About: Mortgages , Seniors , Mort , Ages
Negotiate your reverse mortgage with a few lenders
2008-01-10 16:00:00
When you decide to go shopping for a reverse mortgage there are two big ticket items that you can negotiate with the lender in an attempt to reduce the cost of the loan.
More About: Mortgage , Reverse Mortgage , Lenders , Mort
Extra income is only a reverse mortgage away
2008-01-09 16:00:00
At 65 and older, it is hard to make any extra income. One way is to apply for a reverse mortgage loan. The loan will provide income based on the equity of your home and a few other factors.
More About: Mortgage , Income , Extra , Reverse Mortgage , Mort
Reverse Mortgage Estimates
2008-01-08 16:00:00
FHA uses the following criteria to determine the amount of a reverse mortgage loan: the property value, the age of the youngest individual on the deed (provided that the senior is over 62), and the current interest-rate.
More About: Mortgage , Reverse Mortgage , Estimates , Mort
Can a reverse mortgage keep the elderly out of a nursing home
2008-01-07 16:00:00
The solution may be for the children to talk to their parents about a reverse mortgage. Although older people usually want to protect what they?ve worked long and hard for to their heirs, at the same time, all that equity is just sitting there doing nothing.
More About: Home , Mortgage , Nursing Home , Nursing , Elderly
Reverse mortgage loans can save the day
2008-01-04 18:00:00
It is interesting how a reverse mortgage loan can help different situations, but it is still important to be educated on all the properties of a reverse mortgage loan.
More About: Loans , Mortgage , Save , Reverse Mortgage , Mort
Florida Senator questions the FHA about reverse mortgages
2008-01-03 17:00:00
Senator Mel Martinez from Florida asked if there were any projections as to how many reverse mortgages the FHA would insure if the cap that limits the total allowable number was raised.
More About: Questions , Mortgages , Senator , Mort
Reverse mortgage might be a better option than selling
2008-01-02 17:30:00
Although many real estate professionals are expecting the real estate market to improve by the middle of this year, for some homeowners, that may be to late. If you are over the age of 62 and own your home, a reverse mortgage might be a better option than selling.
More About: Selling , Mortgage , Reverse Mortgage , Mort
Florida loses thousands of mortgage-related jobs in 2007 but reverse mortga
2007-12-28 18:45:00
Reverse mortgages may help save some jobs as seniors and lenders are turning to reverse mortgages to help stop foreclosures.
More About: Jobs , Florida , Mortgage , Related , Mort
The myths of Reverse Mortgages
2007-12-27 19:00:00
There are many myths about reverse mortgage loans that instill fear in some senior adults and their heirs, and prevent them from thoroughly investigating the details.
More About: Myths , Mortgages , Mort , Ages
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