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Rainmaker
1,664,336
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I'm listing one now with a reverse mortgage on it.  First time for me.

May 22, 2015 11:10 PM
Rainmaker
5,113,541
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I've never "surveyed" my senior clients; then again, most of them purchase with cash and like to keep it that way.

May 22, 2015 07:53 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Mike. We have been doing reverse mortgages for the purchase of real estate for many years. For many it is a great strategy.

May 22, 2015 07:18 PM
Rainmaker
400,356
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

Mike Tizzano - Count me as one of the ones who knows!  I'll admit I became in the know just in the last year.

May 22, 2015 03:12 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We see them now and then

Jan 07, 2018 05:07 AM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hopefully all of them.

May 25, 2015 03:11 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I know about them.  But, I'm very careful about recommending them as they are definitely not for everyone.

May 23, 2015 04:36 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Mike Tizzano With all the advertising on TV, I believe more people are becoming aware of a reverse mortgage. Better read between the lines though.

May 22, 2015 11:19 PM
Rainmaker
1,241,879
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I do.  Try not to muddle into this program.

May 22, 2015 11:19 PM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I cringe every time I see those commercials.  Talk about living beyond your means and leaving no inheritance.

May 22, 2015 11:11 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Yes and just did one. It is a great option for some.

May 22, 2015 10:54 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes I am aware of the program.

May 22, 2015 10:17 PM
Rainmaker
2,759,812
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

I did not know that. I thought that reverse mortgages were for those who already owned a property.

May 22, 2015 07:07 PM