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The Reverse Mortgage Advantage: The Tax-Free, House Rich Way to Retire Wealthy! |  | Author: Warren Boroson
Publisher: McGraw-Hill
Category: Book
List Price: $21.95
Buy Used: $0.48
as of 7/31/2010 20:58 CDT details
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Seller: _athenaeum_
Rating:  7 reviews
Sales Rank: 225231
Media: Paperback
Edition: 1
Pages: 256
Number Of Items: 1
Shipping Weight (lbs): 0.8
Dimensions (in): 8.9 x 6 x 0.7
ISBN: 0071470727
Dewey Decimal Number: 332.722
EAN: 9780071470728
ASIN: 0071470727
Publication Date: June 16, 2006
Availability: Usually ships in 1-2 business days
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Product Description
Financial Freedom You Can Only Get When You Hit 62! Whether you're exploring a reverse mortgage to finance a home improvement, pay off a current mortgage, pay for health care expenses, or generate monthly income to improve quality of living, you're one of the thousands of Americans age 62 and older who are turning to this lucrative way to build income. Simply put, with reverse mortgages you no longer pay the bank, the bank pays you. In The Reverse Mortgage Advantage, renowned real estate expert Warren Boroson presents a thorough examination of the ins and outs of this intriguing investment method. Boroson dispels any myths and puts crystal-clear focus on the pros and cons of reverse mortgages. With real-life case studies and practical examples, The Reverse Mortgage Advantage shows you how to: - Transform a “house-rich, cash-poor” situation into tax-free equity
- Choose between a lump sum, a line of credit, a monthly income, or a combination
- Find a reputable HUD-approved reverse mortgage counselor in your area
- Minimize setup fees and related charges
(20061208)
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| Customer Reviews:
Showing reviews 1-5 of 7
 Grateful reader July 9, 2006
Grateful Reader (Boulder, CO USA)
8 out of 8 found this review helpful
This book helped my husband and me decide to get a reverse mortgage. We had been arguing back and forth -- I said yes, he said no. But the book discusses the pros and cons very clearly. We both fog up when it comes to reading about money -- but this was clear. And fun to read, too, not like most books about money. It helped change his mind -- and helped our sons and daughter see that this is a good idea for us.
I'm 65, he's 72. We're both retired and, as the book says, house-rich and cash poor. A reverse mortgage will help us pay some outstanding bills and maybe have some outstanding fun, like some of the people profiled.
Getting Older in Boulder
All You Need to Know! June 30, 2006
TopekaGrandma
7 out of 7 found this review helpful
I just bought this book because my husband and I are thinking of using a reverse mortgage. Everything was clear, concise and well layed out. We didn't need a lot of books to understand the subject. This one gave us everything.
This is the one to buy August 11, 2006
Reader (Wisconsin)
6 out of 6 found this review helpful
This is a great little book -- it not only offers solid information, but it does so by way of easy-to-understand illustrations recounted with good humor. I gave the book to my parents, who are considering a reverse mortgage, and they said it helped them to understand their options far better than the consultant to whom they'd been talking and the seminar through which they'd attempted to stay awake.
GREAT BOOK! July 13, 2006
J. MC BRIDE (NEW JERSEY)
5 out of 5 found this review helpful
I didn't know anything about reverse mortgages so I bought this book. I am thrilled with it! The author explains everything in such a simple manner that you can easily understand everything you need to know to make an informed decision. You will not be disappointed in his book!
Right from the horse's mouth! August 28, 2007
Ralph Clarke (River Forest, Illinois)
This book tells all you need to know about reverse mortgages, and does it with an engaging style and considerable humor. If you are considering a reverse mortgage, this is the book to read, for it is all here.
Showing reviews 1-5 of 7
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