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Many people find themselves in the situation where they are deciding between reverse mortgages and a Home Equity Line Of Credit (HELOC). So we thought we would take a look at the pros and cons of both and how you can combine both into a product that we call the ‘Reverse Mortgage Line Of …
There is little doubt that reverse mortgages are one of the most misunderstood financial products in Canada. You might be wondering: where does this misunderstanding come from? Well we already know the answer, it is very simple. This misunderstanding comes from the U.S.A. We have talked about this many times before and the fact that …
Most of us watch a lot of American TV and hear American media and news which sometimes can make things confusing when it comes to understanding similar products, like a reverse mortgage. Have you read somewhere that the age to qualify for a reverse mortgage is over 62? Have you been reading about terms such …
Introduction Home is where everyone feels comfortable and it is a vital part of everyone’s life. If you are in your 50’s or 60’s, you have lived many years in your house and have thousands of memories there. You have raised your children there and spend valuable time with your friends and family. But, the …
Investment Planning is the putting of assets into the best possible speculation vehicles in light of the financial specialist’s future objectives, time skyline, and needs. In a perfect world, appropriate venture arranging will enable the speculator’s assets to deliver monetary rewards after some time. Investment Planning for retirement Build a Total Return Portfolio One regular …
Introduction: Retirement is all about mortgages and finances. On April 22, 2010, the Royal Canadian Golf Association reported its name change to Golf Canada. Golf Canada will hold its ancestor’s part in keeping up and developing the game in Canada, alongside propelling another participation program to help finance its beginner and junior projects while giving …
Insurance and pension plans have fallen and there are limited options to choose from when it comes to live life comfortably in your old age. Contrary to youth, old age has different needs and thus customized retirement plans that help live without further hassle become mandatory. Our senior mortgage advice is not just about mortgages …