The Pros and Cons of Reverse mortgages You are now retiring or have already retired, and you are reviewing your finances. Learning how to live within your means has become increasingly challenging for many homeowners today. Deciding to take a part-time position to earn additional income is one solution. Thinking about working puts a knot in your stomach, and it’s not the most desirable solution for you. Maybe you have health issues that prevent you from working or you are not in the mood mentally to consider a job once again. Enjoying one’s retirement has its challenges, whether financial or health-wise. You thoroughly enjoy where you reside and are not interested in moving somewhere else that could lower your expenses. You need to decide how you will manage your daily and monthly expen... 07/08/2025

Both of you have decided to consider purchasing a home. You’re thinking of a single-family home, condo, or co-op, but need to consult with a mortgage professional to determine what you qualify for before beginning your search. This should be the first step, rather than running around searching for your first or even dream home without understanding all that is involved in financing the purchase. You aren’t currently married, but may have plans to tie the knot in the future. You both desire to consider purchasing instead of continuing to rent. However, both of you should have a legal document to minimize the headaches and pain that you want to avoid, if and when a breakup were to occur, as so many have experienced over the years. As they say, the only guarantees in life are birth, taxes,... 07/04/2025