Saturday, November 1, 2008

Reverse Mortgage and Obama and McCain

The election is only 3 short days away. In the past weeks I have heard from many seniors that they want to wait until the election is over before the take advantage of getting educated about the Home Equity Conversion Mortgage. I was puzzled by this, but realize we all have a reason to put of getting an education. And I can appreciate that the time may not be right, but I can't think of a better time and here is why: The interest rates are probably as low as they will be and they are steadily rising (this means less cash for the senior), the lending limit just went up allowing higher valued homeowners to access more cash and if the new president gets to add to their plan...then we can expect more taxes taking more of our retirement assets. We can wait and see, but being in the position to ACT is very important. The education will prepare you to act fast if you need to and if its not right for you, at least you know for sure. Get out and vote on the 4th!

Reverse Mortgage Man
(866) 800-0280
www.moneywise.net

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