The Reverse Mortgage Advantage: The Tax-Free, House Rich Way to Retire Wealthy! [NOOK Book]

Overview

Financial Freedom You Can Only Get When You Hit 62!





Whether you're exploring a reverse mortgage to finance a home improvement, pay off a current mortgage, pay for ...

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The Reverse Mortgage Advantage: The Tax-Free, House Rich Way to Retire Wealthy!

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Overview

Financial Freedom You Can Only Get When You Hit 62!





Whether you're exploring a reverse mortgage to finance a home improvement, pay off a current mortgage, pay for health care expenses, or generate monthly income to improve quality of living, you're one of the thousands of Americans age 62 and older who are turning to this lucrative way to build income.





Simply put, with reverse mortgages you no longer pay the bank, the bank pays you. In The Reverse Mortgage Advantage, renowned real estate expert Warren Boroson presents a thorough examination of the ins and outs of this intriguing investment method. Boroson dispels any myths and puts crystal-clear focus on the pros and cons of reverse mortgages.





With real-life case studies and practical examples, The Reverse Mortgage Advantage shows you how to:







  • Transform a “house-rich, cash-poor” situation into tax-free equity

  • Choose between a lump sum, a line of credit, a monthly income, or a combination

  • Find a reputable HUD-approved reverse mortgage counselor in your area

  • Minimize setup fees and related charges

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Editorial Reviews

San Francisco Chronicle.

One of Robert Bruss'Top 10 Real Estate Books of 2006

“Virtually all the key aspects of senior-citizen reverse mortgages are thoroughly explained in this detailed but easy-to-read book that emphasizes the potential pitfalls as well as the major benefits. The author shatters the reverse-mortgage myths, such as 'the bank owns the house,' the supposed high costs, and even the scary stories of early reverse mortgages, which are no longer possible.”

— Bruss, Robert J.

San Francisco Chronicle

One of Robert Bruss'Top 10 Real Estate Books of 2006

“Virtually all the key aspects of senior-citizen reverse mortgages are thoroughly explained in this detailed but easy-to-read book that emphasizes the potential pitfalls as well as the major benefits. The author shatters the reverse-mortgage myths, such as 'the bank owns the house,' the supposed high costs, and even the scary stories of early reverse mortgages, which are no longer possible.”

— Bruss, Robert J.

San Francisco Chronicle. - Robert J. Bruss

One of Robert Bruss'Top 10 Real Estate Books of 2006

“Virtually all the key aspects of senior-citizen reverse mortgages are thoroughly explained in this detailed but easy-to-read book that emphasizes the potential pitfalls as well as the major benefits. The author shatters the reverse-mortgage myths, such as 'the bank owns the house,' the supposed high costs, and even the scary stories of early reverse mortgages, which are no longer possible.”

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Product Details

  • ISBN-13: 9780071491136
  • Publisher: McGraw-Hill Education
  • Publication date: 7/7/2006
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 256
  • Sales rank: 560,958
  • File size: 532 KB

Meet the Author

Warren Boroson is a nationally syndicated financial news columnist, a former real estate agent, and the author of numerous books.

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