[Laker14]

[QUOTE=bhancock;2080091]

Originally Posted by Lottoguy

FYI make sure you check the height of the garage in a courtyard villa. Some people say you can't get certain SUV's or trucks inside them.



Something you may want to consider also; using the HECM to purchase your new home. Using a 50/50 formula, if you buy a home for say $500,000, you only need to put down $250,000 and the Mortgage company (me) puts up the remaining $250,000. The good thing about this is #1, you never have to make a mortgage payment, and you buy twice the home you thought you could afford!!...It's a beautiful thing. Not to mention, let's say you were gonnna pay all cash...now, you can put the "other" $250,000 back in your bank!!

Email me if you'd like more info....bhancock@comcast.net

Originally Posted by manaboutown

This a slick solicitation for a high commission notoriously high cost product and a financial disaster waiting to happen. Don't do it under any circumstances. What if you want or need to move or spend significant time elsewhere?

what marabout town said=
bhancock, go peddle your reverse mortgages somewhere else.