Buying real estate in metro New Orleans isn’t as simple as it sounds. We’ve got old homes. Flooded homes. Renovated homes. Raised homes. That’s why we’ve learned after 25+ years in local real estate that you NEVER want to skip the inspection on a purchase transaction. And while you can read lots of rational lists
Make no mistake about it… our seniors are at risk when it comes to losing their money. And when it happens, it hurts. On average, seniors lose between $40k – $50k when they are the victims of abuse. Scammers, predatory lenders, caregivers & even family members are stealing money from seniors in record numbers.  
Changing the mind of a senior is not an easy thing to do. They have strong beliefs. When those beliefs are founded on facts, seniors usually make good decisions. But sometimes, we find those beliefs are founded on the wrong information, and that can drive seniors to avoid things that may actually be able to
April is National Financial Literacy Month. It’s a good thing, because America (as a group) needs help in the area of finances. Even the seniors. Seniors Debt Levels Are Headed in the Wrong Direction We traditionally think of seniors as having net worth tied at least in part to the increasing equity in their homes.
There’s a misperception brewing here in America. A big one. The traditional idea of retirement is changing. Fast. Most people think Americans have it all planned out… work until your early 60s. Retire. Sell the big house and move into a smaller home or even a condo. Something with less maintenance. Not so fast. New
It happened AGAIN this month. My phone rang – it was a buyer in meltdown mode. Let’s call them the Smiths. They were totally freaking out. The Smiths were pre-approved with one of the big national lenders from out of town (you’d recognize the name). But that was weeks ago. The Smiths had just days
January is a good time of year to revisit the topic of financial planning with your clients since most people usually feel some level of spending “hangover” from Christmas. When looking at the financial planning tools available to your clients age 60 and older, a reverse mortgage might be something to consider in a few
Reverse mortgages are a great way for seniors to obtain extra money during their retirement years without moving out or giving up their lifestyle. By using the equity in an existing home, seniors can obtain cash to pay for trips, remodel their home, or cover the cost of increased medical care. With that being said,
Thinking about taking out a reverse mortgage? A reverse mortgage is a powerful financial tool offering several important benefits for homeowners. However, they are not the right fit for everyone. In order to make an informed decision, you’ll need a better understanding of the pros and cons involved. What Is a Reverse Mortgage? First, let’s
Everybody knows reverse mortgages are like refinances, right? Someone has owned their home for years and built up equity, and a reverse mortgage allows them to access that equity while still keeping their home. BUT… Not many people know that you CAN use a reverse mortgage to BUY a house! How Reverse Mortgage Purchase Loans