Is a Pandemic a Good Time to Buy a Home?

Is a Pandemic a Good Time to Buy a Home?
Thinking about buying a home, vacation property or rental, but just not sure what COVID has in store for the rest of 2020? Is NOW, with all this uncertainty, a good time to buy? The answer is – it depends. If you don’t feel good about the future of your job or business, then now
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Seniors May Be Under-Preparing for Healthcare Costs in Retirement

A new study from Medical Alert Buyer’s Guide – and covered recently by Forbes and Reverse Mortgage Daily – found that many seniors may be routinely under-preparing for their healthcare costs as they move further into retirement. The study surveyed 1,006 people who had yet to retire aiming to gauge their expectations of retired life
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Our Own Alison Calamia Featured in New Orleans Magazine

  Did you know we are now home to the ‘Face of Reverse Mortgage’ in New Orleans? That’s right. Our very own Alison Calamia, Certified Reverse Mortgage Professional (CRMP) and Assistant Vice President of AMR, is featured this month as part of New Orleans Magazine’s 2020 Faces of New Orleans series! We couldn’t be more
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Why seniors are quickly turning to reverse mortgages since COVID

Why seniors are quickly turning to reverse mortgages since COVID
Lost jobs, furloughs & businesses closing have dominated the news when it comes to COVID. Retirement accounts & investment portfolios have also been hit hard, leaving many seniors wondering what they can do to survive the crisis. Most financial advisors agree that taking money out of retirement accounts during a down market is not the
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3 Changes to the Real Estate Market in the Post-COVID World

3 Changes to the Real Estate Market in the Post-COVID World
We’re almost 90 days into the COVID crisis and the end is nowhere in sight. The new normal may be here to stay. At least for the foreseeable future. This isn’t necessarily bad news for the real estate market. The last 2-3 months have produced a record number of transactions as people capitalized on low
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Providing meals for busy local front line nurses & medical workers

Providing meals for busy local front line nurses & medical workers
Doctors, nurses and other medical professionals are our “front line” in the fight against COVID-19. They put themselves at risk each day working directly with patients in need of medical care. Mortgage lenders are also considered Essential Businesses as Critical Financial Services Firms. However, we have been fortunate in that technology has allowed us to
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Introducing: Virtual Mortgages from America’s Mortgage Resource

Virtual Mortgages from America’s Mortgage Resource
We’re New Orleanians. And we love high fives, handshakes and hugs as much as anybody. Our favorite part of being mortgage lenders is meeting with clients to talk about their dreams and figuring out how to make them a reality. Sadly, right now it’s best NOT to meet with people directly. There’s no high fives,
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What the Stimulus Package Means for Real Estate Agents

Is there anything in the $2 Trillion dollar stimulus package which provides help for real estate agents? Here is a preliminary roundup & summary of information courtesy of Bob Bergeron at Crescent Title. Point #1: Do Real Estate Agents DO Qualify A concern among real estate agents has been their self-employed, independent contractor status. However,
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We Remain Open to Serve Your Needs During This Critical Time

Updated: 3-24-2020 As a Critical Financial Services Firm, America’s Mortgage Resource remains open to serve our clients & referral partners. Continual changes to interest rates & guidelines make it vitally important to stay in touch with clients and referral partners right now. Fortunately, our technology allows us to do a great deal of mortgage work
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Can a Reverse Mortgage Provide Retirement Income for Your Clients?

When’s the last time you checked in with your clients about their retirement income needs? Recent studies show today’s seniors face rising costs for medication & in-home care as well as increased pressure from family members for financial help. Instead of tapping into retirement funds to get cash, a reverse mortgage could be just the
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