E-470 Corridor Communities Aurora

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Buy in a Reverse Mortgage and make NO PAYMENTS!!!

For years, Reverse Mortgages have gotten a bad rap.  Quite frankly, some of it was misinformation, but with recent improvements and better regulations, a Reverse Mortgage may be a Seniors best bet to living out their years worry-free.

There are different structures of reverse mortgages and differing amounts based on age but with the largest generation hitting retirement age so soon after the great recession, many “Boomers” are finding Reverse Mortgages an appealing strategy.

This is not anecdotal for me.  I watched my mom struggle with bills until she was able to obtain a Reverse Mortgage.  And while it’s not ideal for all buyers or refinance situations, it can represent much-needed relief to our elders who wish to age-in-place.

Reasons purchasing in a Reverse Mortgage may work for you:

  • Move Up Move Down— Right Size!
  • Purchase Investment Property
  • Purchase 2nd Home
  • Gifting To Family Or Donating To Charitable Organizations*
  • Selling A Home With A Reverse Mortgage Lien
  • Eliminate A Mortgage Payment (Payment Of Taxes And Insurance Required, As Is Maintenance Of The Home)

In order to qualify:

  • Age 62 Or Older
  • FHA-Qualified Home
  • Must Live In Home More Than 6 Months A Year
  • Does NOT Require Repayment Until*
    • The Last Living Borrower Permanently Leaves The Home
    • Borrower Chooses To  Sell The Property
  • Never Owe More Than Home Value – With
    FHA-Insured Reverse Mortgages
  • Able To Purchase A Home For 30-70% Down Of   New Residence Sale Price

Simply fill out the form below and our team members will connect you with your Reverse Mortgage Expert…

 

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"E-470 Corridor Communities Aurora is the FASTEST and MOST RELIABLE way to find your Aurora dream home"!

 

This site was designed by a hyper-local real estate expert as a consumer service to help Buyers and Sellers, who are interested in or live in one of our E470 Corridor Communities. Make NO MISTAKE, if you live in or near this area, there are a multitude of considerations from mineral rights, to development, to Metropolitan Districts. Now more than ever, you need EXPERTS who know and live in this area to help you make informed real estate decisions. We know that it is often difficult to get relevant information when you are looking to buy and sell a home.

In order to better educate buyers and sellers, we have provided this site as a FREE, NO OBLIGATION service providing both crucial information and the latest listings specific to the E470 Corridor Communities. Many buyers and sellers who visit this site, are so impressed with this service and knowledge that they will contact us (or one of our sponsors) in order to assist them in the purchase or sale of their home.

We truly hope that you find information, tools and resources helpful and we look forward to helping you with your next move to one of our fabulous e470 Corridor Communities. 

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