Breaking down reverse mortgages

Who should consider getting one?

How Reverse Mortgages Work What exactly are reverse mortgages, and who should consider getting one? Reverse mortgages are for homeowners who are at least 62 years old, have accrued a decent amount of equity (roughly 50%), and don't want to have a mortgage payment for the rest of their lives. There are a lot of misconceptions out there surrounding these types of home loans, including fears about selling the property once the loan holder passes, but Tom Ross of Bay Equity Home Loans joins me to address these matters. To learn more about this unique product, watch this short video. Watch Our Video ▶ Looking to buy a Phoenix Metro Market Home? Looking to sell your Phoenix Metro Market Home? Call me at (602) 413-8195 for a FREE home buying or selling consultation to answer any of your real estate questions. Tom Ross Bay Equity Home Loans (602) 791-5861 tross@bayeq.com Sincerely, Monique Walker RE/MAX Excalibur Phoenix, AZ Mobile: (602) 413-8195   Monique@MoniqueSells.com Monique Walker RE/MAX Excalibur 8510 E. Shea #100 Scottsdale, AZ 85260 Manage your preferences | Unsubscribe View this email online.