Mortgage

Blog Posts

• Blog Post - Storm Watch: What About Reverse Mortgages?

  With hurricane season upon us, it's important for reverse mortgage holders to understand the implications of natural disasters.

• Blog Post - Reverse Mortgages: Dragged Down By The Mortgage Mess?

  Included in the new mortgage bill are overhauls to the rules governing reverse mortgages. But are the new rules enough to calm worried seniors?

• Blog Post - Going For Broke? Seniors Turn to Newer Loans To Avoid Cash Crunch

  Seniors hurt by the tough economy are raising money using reverse mortgages, life insurance settlements and 401k loans. In exchange for up-front cash, your parent may lose future equity or investment gains, so help them make smart money choices.

• Blog Post - Reverse Mortgages: Time to Look at Other Options?

  If you're looking into a reverse mortgage for yourself or your parent, two new articles may give you pause.

Questions & Answers

• Question - How do we decide between a reverse mortgage for my father or a personal loan from me?

  This question has been answered by a Caring.com Expert

• Question - What are the risks with reverse mortgages?

  This question has been answered by a Caring.com Expert

• Question - Are reverse mortgages available if there is a tax lien?

  This question has been answered by a Caring.com Expert

• Question - Can my mother do a reverse mortgage on our home?

  I am 51 and co-own my mother's home. Can she take out a reverse mortgage?

• Question - Who are the best long term care providers and reverse mortgage companies?

  Who provides the best long term care and the best reverse mortgage? Finding the best long term care and reverse mortgage for you takes some research.

• Question - Does a note on a house affect a trust?

  Putting a house in a living trust has little affect on a mortgage still owed on it.

• Question - Should I get a reverse mortgage or a bank loan for my elderly folks?

  This question has been answered by a Caring.com Expert

• Question - Can my father's house be taken to pay for long term care?

  A house transferred out of an elder's name can't be taken by Medicaid but might disqualify the elder from Medicaid nursing home coverage.

• Question - Should I stop paying my parent's house payment if they are both in a nursing home?

  Unanswered. Can you help?

• Question - Am I responsible for my parent's debt?

  Am I responsible for my parent's debt? I recently discovered that my father has several thousand of dollars of debt. Are parent debts transferable?

• Question - How do I protect my parents' home from being taken by the state if they ever need public aide?

  This question has been answered by three Caring.com Experts

• Question - What is my first step in administering my mother's will?

  The first step is usually the hardest: Finding and organizing the property your mothe owned at her death.