Finance >> Property

  A Step-By-Step Guide for the First Time Buyer Students will learn how to prepare for a successful home buying process. The major topics covered will include:   Financial qualifying guidelines Conventional and FHA mortgages Down payment requirements Credit score and its importance Short sales and foreclosures Current housing market trends Participants will leave with the knowledge and confidence to shop for a home.  

  Commercials and ads abound proclaiming the benefits of Reverse Mortgages, but what are they really, how do they work, and what are the pros and cons? This workshop is designed for seniors over 62, the children of seniors, and realtors. Join us and learn the main benefits and strategies of using a Reverse Mortgage to purchase a home (downsizing, upsizing) or simply to stay in a home. A Reverse Mortgage may be used as a financial tool to help cash poor, equity rich homeowners over the age of 62 improve finances and prolong savings throughout retirement. Reverse Mortgages offer a solution with no mortgage payments for the rest of the homeowner’s life; and in 2015, the Housing and Urban Development and the Federal Housing Authority changed the Reverse Mortgage rules adding protections benefitting seniors and their families.