TRIANGLE NC

VOL16ISS2 2016

Issue link: http://emagazine.relocationguide.biz/i/729687

Contents of this Issue

Navigation

Page 60 of 101

57 THE ORIGINAL RELOCATION GUIDE — TRIANGLE NC | VOLUME 16 — ISSUE 2 REVERSE MORTGAGE DEFINED move in 10 years. When you sell your home you'll receive 100% of the net proceeds after paying off the loan balance at the time of sale. This is exactly how a traditional mortgage works. So the primary benefit to you is that you don't tie up all your savings by paying cash and you increase your monthly cash flow by not having a monthly mortgage payment. What would you do with the extra cash? Add to your retirement account, take smaller distributions from your retirement account and possibly lowering your tax bracket. Or set up an emergency fund, pay for long term care or in home health care, fund your hobby, or spoil your grandkids. The options are limitless. It's nice to have options again. To learn more about this FHA insured program that allows you to purchase your next home for as little as 35- 50 cents on the dollar, please contact David Stokes at 919- 696-1825 or request your Free Home Buyers Guide at david.h4p@gmail.com David Stokes has been helping clients plan and prepare for Financial Longevity and Retirement since 1987. He was recently interviewed as the H4P expert on "Community Matters", a show that airs on channel CW22 out of Raleigh. While David primarily works in North Carolina, he can assist clients in 38 states. David Stokes HECM Specialist NMLS #450757 Phone: 919.696.1825 dstokes@rfslends.com If you see a home in the area, online, or are thinking about building, call me and I will tell you the minimum you would need to put down without having any monthly mortgage payments* and … YOU OWN THE HOME! *borrower must maintain home as primary residence and remain current on property taxes and insurance Synergy One Lending, Inc. d/b/a Retirement Funding Solutions NMLS 1025894. Licensed by the North Carolina Commission of Banks office – North Carolina Mortgage Lender License L-164411. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any Government Agency. Learn A Little Known Strategy to Buy Your Dream Home with No Monthly Mortgage Payments! P R O G R A M H E C M F O R P U R C H A S E For those age 62 and better... Please contact me for your free copy of the HP4 Home Buyer's Guide

Articles in this issue

Links on this page

view archives of TRIANGLE NC - VOL16ISS2 2016