Housing
San Francisco Gate - August 1, 2008
Not so long ago I was at my father's house, and I heard him on the phone, arranging a visit with someone. When he hung up, I inquired about who he was making plans with.
"A very nice guy who called me," he told me.
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Seeking Alpha - July 20, 2008
I tend to be in hotel rooms when bubbles burst.
On January 6, 2000, I was on the 30th-something floor of the Marriott hotel across the street from the convention center in San Francisco. I was jet lagged and up working
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PBS, June 23, 2008SUZANNE PRATT: Many new or soon to be retirees want to stay in their
homes. But they worry they won't have enough money to do so or wonder
what will happen if they face a financial crisis. For some a reverse
mortgage can be a viable
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The Motley Fool. June 18, 2008Reverse mortgages -- a way for seniors to tap into their home equity without having to make monthly payments -- have become a mainstream retirement-planning option
in recent years. Despite some drawbacks, for many retirees,
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News 8 Austin, June 16, 2008This article includes a video about scams involving reverse mortgages, which we at NewRetirement strongly encourage you to view.Mr. Finance Guy, you mean there is another scam alert?
John Henry McDonald: Oh yeah, there seems
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Manufactured Housing Global Network, June 16, 2008Reverse Mortgages are becoming popular in
America. The U.S. Department of Housing and Urban Development (HUD) created one
of the first. HUD's Reverse Mortgage is a federally-insured private loan, and
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SFGate, June 15, 2008Reverse mortgages are being
held out as an excellent way for house-rich but cash-poor seniors to
tap into their equity without having to sell and move. And they may
well be a good choice for some people. But there are other options
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Forbes, June 6th, 2008The distinguished voice
on the radio advertisement pitching reverse mortgages has a familiar
ring: Yes, that's James Garner, the venerable television and film actor.
Garner, in ads for a lender, touts reverse mortgages as an option
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The New York Times, June 1st, 2008WHEN Brandt and Tiffany Schneider put their brick colonial on the
market for $1.2 million last April, they had every reason to be
optimistic. The home, three years old and in a suburban neighborhood
here, features
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CNN Money, May 21st, 2008The loans can help you tap the equity in your house. Just don't get tripped up by greedy salespeople.Last year, borrowers took out more than 132,000 reverse mortgages -
50% more than the year before and almost 10 times as many
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CNN, May 20th, 2008Barbara Harvey climbs into the back of her small Honda sport utility
vehicle and snuggles with her two golden retrievers, her head nestled
on a pillow propped against the driver's seat.A former loan
processor, the 67-year-old mother
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The Motley Fool, May 19th, 2008
Getting income for life and staying in your home as
long as you want sounds like the perfect combination. If you're
cash-strapped and having trouble making ends meet, a product that
promised a deal like that would
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Los Angeles Times, May 11th, 2008Reverse mortgages are one way for house-rich but cash-poor seniors to
tap into their equity without having to sell. But there are other
options to consider as well. A reverse loan is intended to
enable people 62 or
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The Motley Fool, May 7th, 2008
We each have a vision of what we want from our retirement years. Mine involves a lot of travel, maybe on my own by sailboat or small plane, but always starting out from a friendly community of caring neighbors who swap
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The Slate.com, April 15, 2008Subprime was just the beginning. Wait until California's prime borrowers start handing their keys to the bank.California is to mortgage lending what Chicago is to pork bellies.
For years, that meant it was a place with soaring
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