by BlackMountainMedia | Nov 23, 2022 | Uncategorized
How long have reverse mortgages been around? Reverse Mortgages in Canada have been around since the late 1980s – believe it or not. Some of the main uses that clients have used the equity in their home by way of a Reverse Mortgage include: Upsize or downsize a home to...
by BlackMountainMedia | Nov 1, 2022 | Uncategorized
As a homeowner considering a reverse mortgage, home equity is an essential component, as the amount of equity in your home will determine the size of the loan available to you. What does home equity mean? Home equity is the amount of a home’s value that is owned...
by BlackMountainMedia | Aug 25, 2022 | Uncategorized
Before you actually think of selling your dream home, you should get educated by this Reverse Mortgages Workshop to avoid making serious mistakes that could cost you thousands of dollars in unnecessary Real Estate, Moving and Legal costs. This comprehensive 1.5-hour...
by BlackMountainMedia | Aug 25, 2022 | Uncategorized
I wanted to take a moment and share some information with you about a product that is becoming popular with Canadians aged 55 and older. Reverse Mortgages This unique financial tool offers many benefits that no other product can offer. With Reverse Mortgages in...
by BlackMountainMedia | Aug 24, 2022 | Uncategorized
Downsizing a home over getting a reverse mortgage is often seen as the safe choice, but watch out – the numerous expenses can add up. Costs of downsizing a home: Expenses include: Canadian Land Transfer Tax ( 1% of the 1st $200,000 PLUS 2% for the amount between...
by BlackMountainMedia | Aug 20, 2022 | Uncategorized
Reverse mortgages have come a long way. They have evolved from a needs-based product to a solution that many financial planners recommend as an important component of a comprehensive retirement plan. Unfortunately, there are still many reverse mortgage myths out...
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