Friday, June 14, 2013 - Article by: Reversemortgagesspecialist - Reverse Mortgages Specialist -
It's a fact that there are tens of thousands of people turning 62 everyday. It this is you or will be you soon keep reading. According to the Fidelity investments research study almost 40% of the baby boomers would like to move sometime during their retirement years. Preferably to a warmer climate. Even though they would like to move they currently feel trapped by their financial situation.
Have your investments taken a beating? Has your home value plummeted by 50% or more? Has your dreams of buying a new retirement home vanished? With countries like Greece going bankrupt it's directly affecting the retirees here in the U.S. Here at home our country is trillions of dollars in debt and economist warn it's likely to get worse. The fact is that many new retirees feel hopeless and stuck. Not being able to live out their retirement dreams.
I'm a specialist that helps people to understand how to purchase real estate with no monthly payments and without paying all cash down. Not only that but I can show you how you can eliminate a current mortgage payment. You can sell your current home and get enough to purchase another one outright. You probably have assets in your retirement account you could withdraw, but because they have less value than just a few years ago you hate to pull it out now and need to really wait for it to come back. All this isn't your fault. Like many, you were a victim of tough economic times. Some people are enjoying their retirement dreams right now. They have purchased a retirement home and did it all without having a monthly mortgage payment and not paying for it with all their available cash.
The HECM for purchase is a popular way to purchase a home and sell the family home that is now to big or needs repair. This is a easy way for you to capture the equity from your existing home and to take advantage of the wealth you've built with no income, assets or credit required. This is an opportunity for you to make your retirement dreams come true.
Have you ever imagined rental income to supplement your income? You can do a reverse mortgage on your current residence and purchase a rental property. The rental property will create a positive "cash flow", without having to make payments.
So to review, Baby Boomers are more active and vibrant than the generations before them. They can expect to live very long lives in retirement. This HECM for purchase program was specifically designed with the Baby Boomers in mind. Call me today at 314-220-3918 for a FREE quote and learn how you can move or create income in your retirement years. You can also visit my website at www.reversemortgagesspecialist.com.
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