CNBC: Home Modifications to Age In Place
According to a recent survey from remodeling site Houzz, in the last year 60% of senior homeowners made upgrades to their homes with aging in mind. This was noted in the CNBC article which highlights six key home modification projects popular to senior homeowners. Not surprisingly, the bathroom and kitchen are the main areas being remodeled to enhance functionality and accessibility. Another popular project is to reduce trip and slip hazards by installing slip-resistant flooring and grab bars. Read the entire article here.
Reverse mortgages have been helping seniors age in place for quite some time now. There are many reasons to use a reverse mortgage, and one of those is to help fund home improvement projects. The cash obtained from a reverse mortgage is non-taxable and can be used for any purpose at all.
For more information on reverse mortgages and other related topics contact:
Rick R. Rodriguez
Certified Reverse Mortgage Professional, CRMP
NMLS# 473353
Toll Free (877) 500-0454
Local (702) 460-6222
Reverse mortgages have been helping seniors age in place for quite some time now. There are many reasons to use a reverse mortgage, and one of those is to help fund home improvement projects. The cash obtained from a reverse mortgage is non-taxable and can be used for any purpose at all.
For more information on reverse mortgages and other related topics contact:
Rick R. Rodriguez
Certified Reverse Mortgage Professional, CRMP
NMLS# 473353
Toll Free (877) 500-0454
Local (702) 460-6222
Comments
Post a Comment