Ethical Homes

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Case Study: Reverse For Purchase for Janet S

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Janet S. was a widow who, at age 69, wanted to buy a new home, but found that the homes she was looking at cost more than she had in savings; using the “Reverse For Purchase” option of a HECM Reverse Mortgage, she was able to make her purchase after all, while still preserving the value of her estate for her daughter. Read the rest of this entry »

Good article on using Reverse Mortgages to purchase new homes

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Reverse mortgages have a bad reputation in some circles, but they can be very useful tools for seniors looking to take advantage of equity in their homes–including using that equity to purchase a new home. Read the rest of this entry »

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