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Reverse Mortgages for Dummies by John E. Lucas and Sarah Glendon Lyons (2005, Trade Paperback)
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REVERSE MORTGAGES FOR DUMMIES By Sarah Glendon Lyons & John E. Lucas **BRAND NEW**.
- Buy it nowREVERSE MORTGAGES FOR DUMMIES By Sarah Glendon Lyons & John E. Lucas *BRAND NEW*
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About this product
Product Identifiers
PublisherWiley & Sons, Incorporated, John
ISBN-100764584464
ISBN-139780764584466
eBay Product ID (ePID)45588358
Product Key Features
Book TitleReverse Mortgages for Dummies
Number of Pages288 Pages
LanguageEnglish
Publication Year2005
TopicReal Estate / Mortgages
IllustratorYes
GenreBusiness & Economics
AuthorJohn E. Lucas, Sarah Glendon Lyons
FormatTrade Paperback
Dimensions
Item Height0.6 in
Item Weight12.8 Oz
Item Length9.2 in
Item Width6.2 in
Additional Product Features
Intended AudienceTrade
LCCN2005-923784
Dewey Edition22
Dewey Decimal362.722
Table Of ContentIntroduction. Part 1: Understanding the Basics of a Reverse Mortgage. Chapter 1: Figuring Out the Reverse Mortgage Basics. Chapter 2: Deciding Whether a Reverse Mortgage Is Right for You. Chapter 3: Having the Right Stuff: Borrower Qualifications. Chapter 4: Repaying Your Loan. Part II: Going Shopping: Product Options. Chapter 5: Following the Crowd: The Home Equity Conversion Mortgage. Chapter 6: Figuring Out the Fannie Mae Home Keeper Loans. Chapter 7: Jumping into Jumbo Cash Accounts. Part III: Taking the Plunge. Chapter 8: Taking the First Step: Seeing a Counselor. Chapter 9: Working on Step Two: Your Originator. Chapter 10: Going Forward with Step Three: Getting Appraised. Chapter 11: Sealing the Deal with Step Four: Closing. Part IV: Giving Advice for Adult Children. Chapter 12: Supporting Your Parents. Chapter 13: Knowing the Impact of a Reverse Mortgage on Your Inheritance. Chapter 14: Getting Durable Power of Attorney. Part V: The Part of Tens. Chapter 15: Top Ten What Ifs When Considering a Reverse Mortgage. Chapter 16: Ten Resources for Securing a Reverse Mortgage. Chapter 17: Ten Common Mistakes Borrowers Make. Appendix: Glossary. Index.
SynopsisFully explains how reverse mortgages work With special advice for the adult children of seniors Reverse mortgages are a great way for you to keep your home,even on a retiree's fixed income. But with so many loan options,where do you start? Relax! This friendly guide covers all thebasics so you and your adult children can understand and takeadvantage of these handy loans and keep the home youlove. Discover how to Decide if a reverse mortgage is right for you Shop for the best reverse mortgage products Find out if your home is eligible Walk through each step of the process with confidence Find a counselor who can help you, For seniors who live on a fixed income, owning a home-and keeping it-can be financially challenging. Rather than face the choice of selling your home and moving or becoming a home-owning pauper, reverse mortgage products let seniors convert part of their equity into tax-free income that can be used for anything-even mortgage payments, living expenses, or medical costs. Reverse Mortgages For Dummies covers all the basics of reverse mortgage products so you and your adult children can understand and take full advantage of these handy loans-and keep the home you love. Covering a full range of reverse mortgage options and topics, you'll discover how to: Decide if a reverse mortgage is right for you Shop for the best reverse mortgage products Find out if your home is eligible Find a counselor who can help you Written by Sarah Lyons, an Assistant Editor at Mortgage Originator magazine, and John Lucas, an experienced reverse mortgage specialist, Reverse Mortgages For Dummies explains these helpful loan products in simple, easy-to-understand language free of all the jargon. Once you understand how reverse mortgages differ from other loans-and what you could do with your reverse mortgage-the book covers the specifics you need to find the right loan for you, including: Special advice for adult children helping their senior parents secure a loan How to get a reverse mortgage and keep your second home legally Property requirements and financing fees Selecting among a multitude of lenders Spending and estimating leftover equity Sharing the decision-making process with family and loved ones If you're a senior wondering whether a reverse mortgage can help you keep your home, this book gives you the information you need to make smart, informed decisions that are vital to you, and your family's, security. Reverse Mortgages For Dummies will help you keep your home and live the life you want., For seniors who live on a fixed income, owning a home--and keeping it--can be financially challenging. Rather than face the choice of selling your home and moving or becoming a home-owning pauper, reverse mortgage products let seniors convert part of their equity into tax-free income that can be used for anything--even mortgage payments, living expenses, or medical costs. Reverse Mortgages For Dummies covers all the basics of reverse mortgage products so you and your adult children can understand and take full advantage of these handy loans--and keep the home you love. Covering a full range of reverse mortgage options and topics, you'll discover how to: Decide if a reverse mortgage is right for you Shop for the best reverse mortgage products Find out if your home is eligible Find a counselor who can help you Written by Sarah Lyons, an Assistant Editor at Mortgage Originator magazine, and John Lucas, an experienced reverse mortgage specialist, Reverse Mortgages For Dummies explains these helpful loan products in simple, easy-to-understand language free of all the jargon. Once you understand how reverse mortgages differ from other loans--and what you could do with your reverse mortgage--the book covers the specifics you need to find the right loan for you, including: Special advice for adult children helping their senior parents secure a loan How to get a reverse mortgage and keep your second home legally Property requirements and financing fees Selecting among a multitude of lenders Spending and estimating leftover equity Sharing the decision-making process with family and loved ones If you're a senior wondering whether a reverse mortgage can help you keep your home, this book gives you the information you need to make smart, informed decisions that are vital to you, and your family's, security. Reverse Mortgages For Dummies will help you keep your home and live the life you want., Reverse Mortgages For Dummies provides readers with the information they need to determine if a reverse mortgage is right for their situation and if so, how to go about securing one.
LC Classification NumberHG2040.15
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Ratings and reviews
Most relevant reviews
- 07 Sep, 2021
Informative
Very good bookVerified purchase: YesCondition: Pre-owned
- 30 Oct, 2019
GOOD GENERAL INFO, HOWEVER BOOK IS OUTDATED
CURRENT PHONE NUMBERS. fOR EXAMPLE, AARP REFERENCE NUMBER IS NOT GOOD!Verified purchase: YesCondition: Pre-owned
- 08 Jun, 2022
Great
Good readingVerified purchase: YesCondition: Pre-owned
- 22 Jul, 2016
Dont bother
Does not even a half assed job of explaining things no wonder they wanted 3 bucks for it including shippingVerified purchase: YesCondition: Pre-owned
- 29 Nov, 2023
Very good reference
Addresses all of the pertinent informationVerified purchase: YesCondition: Pre-owned
