Posts Tagged Reverse Mortgage

  • Elderly couple at open house told me they were serious...but could I help? Elderly couple at open house told me they were serious…but could I help?

    By Dan Dolan Dan Dolan Homes The woman greeted me first and indicated they wanted to downsize their living space with everything on one floor to eliminate stairs. They also now wanted to find housing that would not require a monthly outlay of cash except for the usual taxes, utilities, insuran...

  • They came in carrying a clipboard. I knew they were serious. They came in carrying a clipboard. I knew they were serious.

    By Dan Dolan Dan Dolan Homes The elderly couple pulled up to my open house in a brand new red Toyota Prius. They came in carrying a clipboard. I knew they were serious. The woman greeted me first and indicated they wanted to cut their living costs and downsize their living space. She indic...

  • The Best Buying Opportunity For Senior Housing The Best Buying Opportunity For Senior Housing

    By Dan Dolan Dan Dolan Homes Some thoughts on why this may be the best buying opportunity for senior housing to be available for a long time‚ – and what to do about it. My building materials supplier recently told me prices are NOT dropping any further and there’s evidence of increase...

  • Is a Reverse Mortgage Right For You? Is a Reverse Mortgage Right For You?

    By Lisa Madigan Illinois Attorney General In this month’s column, Attorney General Madigan addresses an important issue on the minds of many seniors: reverse mortgages. Q. I’m a retired senior living on a limited income. With the cost of living continuing to rise, I need additional cash t...

  • Davenport Now tax rebates Davenport Now tax rebates

    By Dan Dolan Dan Dolan Homes Seniors can still take advantage of the Davenport Now tax rebates. Could be worth some $5,000, $6,000 or more for buying a new home in Davenport. Even if you missed out on the $6,500. Federal tax rebate, there’s still some help to be had in buying a new home. T...

  • Incentives for Buying New Homes Incentives for Buying New Homes

    By Dan Dolan Dan Dolan Homes Seniors may not be taking full advantage of $11,000-plus incentives for buying their new homes. And the benefits of one-time down-payment reverse mortgages for purchase are still not well known.  The level of activity at my weekend open houses has been picking up...

  • Senior Housing Senior Housing

    If you are a senior thinking about looking into housing “in a year or two” I’d like to give you several reasons to consider “doing it now.” By Dan Dolan Dan Dolan Homes There’s no doubt the recent major decline in investment portfolios has sensitized more seniors to the need for ...

  • Seniors Are Thinking in Reverse These Days! Seniors Are Thinking in Reverse These Days!

    By Bill Klinkenberg Wells Fargo Senior Products Division The words “Reverse Mortgage” have raised questions and concerns in the past throughout the United States. However, it would appear that those questions and concerns have been lessened over time. In April of 2009, it was reported that 1...

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