Teach your clients well
"Our House"
Lesson: Consider the efficacy of a reverse mortgage
Song on Crosby Stills Nash & Young’s 1970 album, “Déjà Vu”
“Stock market volatility makes accessing home equity more attractive, especially in regions that have seen significant real estate appreciation. However, as older homeowners seek to transfer wealth in their later years, using a reverse mortgage to address short-term liquidity needs may drastically reduce their ability to provide a meaningful amount of capital to their families.”
— Ashley Bete, founder and CEO, Leap Analytics