The Best Reverse Mortgages

The reverse mortgage industry and the technology industry are crossing paths more than ever before.  There are several types of products on the market that are aimed at aiding seniors remain in their homes both comfortably and independently.  From home care monitors that help seniors communicate with family and doctors to wristwatches that detect a person's movements, the business of gadgets for seniors is growing.  Reverse mortgages can help both the senior afford these products and help the companies sell more by increasing the senior's cash flow through eliminating monthly debt and supplementing cash on hand.  Read about some of the technological products on the market at:  http://www.boston.com/lifestyle/health/2013/07/10/high-tech-gadgets-monitor-seniors-safety-home/4Lv2hzmPaYSqiq70vuIQiI/story.html

There are several reverse mortgage counseling agencies to choose from these days.  Each homeowner is free to choose from any of the multitude of counselors out there.  Some of them will charge a fee for their service ranging from $89 - $125, and some will allow that fee to either be paid up front or financed into the reverse mortgage loan.  Every now and then there is an agency that will offer free counseling by way of Government grants they receive.  Recently the National Council of Aging reduced their counseling fee from $125 to $90.  Read the full explanation at:   http://reversemortgagedaily.com/2013/07/09/ncoa-lowers-fees-for-reverse-mortgage-counseling/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ReverseMortgageDaily+%28Reverse+Mortgage+Daily%29

Many homeowners have been waiting for home values to come up to take advantage of the reverse mortgage program.  For the 15th consecutive month, May 2013 is showing big gains in home appreciation.  Read the Core Logic statistical report:   http://www.corelogic.com/research/hpi/corelogic-hpi-may-2013.pdf

Many retirees are discovering the many retirement places that Maryland has to offer.  Maryland is also one of the top states in the country for reverse mortgage holders.  Baltimore is the seventh most active city for reverse mortgage loans.  For more information on Maryland, read the entire article at:  http://www.marketwatch.com/story/dont-let-these-6-surprises-wreck-your-retirement-2013-06-27?pagenumber=2

Reverse mortgages are becoming more widely accepted as a retirement tool by varying professionals.  With the use of the line of credit option, more seniors are realizing that they can accomplish their retirement goals with a reverse mortgage.  Marketwatch put out a recent article on planning for your retirement:   http://www.marketwatch.com/story/dont-let-these-6-surprises-wreck-your-retirement-2013-06-27?pagenumber=2