Home Sale Solutions

Learn More About Home Sale Solutions

Selling Your Home

Did you know that your home may hold the key to your retirement dreams? If you own your home or have equity in it, selling could provide funds for long-term care. When you downsize, you’ll gain greater financial freedom while eliminating maintenance fees and property taxes. With the housing market remaining red hot, many sellers are boosting prices to offset inflation. If you haven’t put away funds for a rainy day or have no additional assets, selling your home is an option worth exploring. The process is easier than you may think and a senior-focused Realtor® can make the sale seamless.

Reverse Mortgage

Another option to fund your retirement is a reverse mortgage. With a reverse mortgage, homeowners ages 62 and up can supplement their income via the equity already in their home. Qualifying is easy – homes must meet FHA property guidelines and flood requirements. The lender makes payments to the borrower once credit, income, assets and monthly expenses are evaluated. This money can also be used for healthcare expenses, home improvements, to pay off debt and to plan for retirement.