Posts Tagged Reverse Mortgages

  • Seniors, you can still take advantage of the Davenport Now tax rebate program. Seniors, you can still take advantage of the Davenport Now tax rebate program.

    By Dan Dolan Dan Dolan Homes Thanks to Davenport Now, buyers of new homes can still receive $7,000, $9,000 or more in cash to offset the cost of their new home in Davenport. And depending on the price of the home purchased, that amount could even be more than that. You can elect to take the fun...

  • That told me they were serious. But could I help? That told me they were serious. But could I help?

    By Dan Dolan Dan Dolan Homes As the couple drove up to my open house I could see they were carrying a notebook. That told me they were serious. But could I help? This is what I told them. The woman greeted me first and indicated they wanted to downsize their living space with everything on ...

  • How a one-time down payment lets you live “payment free” for as long as you remain in your home. What’s not to like? How a one-time down payment lets you live “payment free” for as long as you remain in your home. What’s not to like?

    By Dan Dolan Dan Dolan Homes Many of you who read my commentaries in this publication know we have supported the mortgage program approved by Congress a couple years ago. The Reverse Mortgage for Purchase lets seniors age 62 and over purchase a new Dan Dolan home with a moderate one-time down pa...

  • What a home buyer taught me about a Reverse Mortgage for Purchase What a home buyer taught me about a Reverse Mortgage for Purchase

    By Dan Dolan Dan Dolan Homes What a home buyer taught me about a Reverse Mortgage for Purchase and saving $70,000 a year in assisted living costs Once again, I learned a lot from a home buyer. Those of you, who read my column in this publication, may recall that my weekend open houses are a ...

  • Davenport Now tax rebates could be worth $6,000-$7,000+ for buying a new Dan Dolan home Davenport Now tax rebates could be worth $6,000-$7,000+ for buying a new Dan Dolan home

    By Dan Dolan Dan Dolan Homes Thanks to Davenport Now, buyers of new homes can still receive some $5,000, $6,000, $7,000 or more in cash to offset the cost of their new home in Davenport. And, depending on the price of the home purchased, that amount could even be more than that. You can elect t...

  • 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...

  • 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...

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