Wouldn’t it be nice to buy MORE home without the hassle of having a monthly mortgage payment?
Of course, it would be nice because who really wants a big house payment during their retirement years. But instead of settling for a lesser home just to avoid a monthly mortgage payment, why don’t you explore the benefits of buying with a reverse mortgage.
Here is how some of our recent clients were able to benefit:
Bill was 65 and his wife, Mandy, was 62. Both were retired and wanted to buy their forever home without a monthly mortgage payment. They sold their Midwest home and netted $250,000 in sales proceeds and looked forward to paying cash for their Arizona home.
To their surprise, they could not find a home they loved in that price range.
Sure, they could have settled for something, but they were really wanting that forever home they had spent decades dreaming about. Good thing their real estate agent asked them to talk to Michael Baltazar about the possibilities of buying with a reverse.
Michael was able to increase their buying power from $250,000 to $400,000… and the best part was that Bill & Mandy only had to bring $227,000 to closing! Yes, they were able to buy more home, put less money down AND enjoy their forever home without a monthly mortgage payment!!
Now you can see why so many people are buying with reverse mortgages today.
Give us a call to find out more!
