If you are close to retirement and consider taking a reverse mortgage and not sure what all this means? In the simplest term, a reverse mortgage is a loan. Homeowners who are near retiring age typically 62 or older may be qualify for a reverse mortgage loan. What this typically mean is that the borrower will take out a loan against the equity of their home. The borrower will receive funds on scheduled fixed payment or a lump sum cash. The attractiveness of a reverse mortgage is that the borrower does not have to make any loan payments. Upon the death of the borrower, the…
Most people go about the day without thinking about how important their personal vital records play in their everyday life. Vital records are documents like birth certificate, marriage certificates, divorce records, and death certificates. While these documents might not seem that important, they do mark significant milestones of a person’s life. It is very important keep your vital records in a safe place and know where they are located. Knowing the differences between important vital records can make transitioning through these events easy. To have a better understanding of these types of records and why you…
