Learn more about reverse mortgages

Every senior citizen needs to know more about reverse mortgages. Our government spent millions of dollars to produce the best plan to help the senior citizens of the United States solve the problem of outliving their retirement funds. The answer they came up with is a reverse mortgage.

What you don't know about reverse mortgages can hurt you.

What you are saying about reverse mortgages without knowing the whole entitlement is hurting other seniors.

Remember, this is a government entitlement, approved by Congress, appointed by the President, and managed by HUD. The goal is to keep you in your home and help you keep living a life worth living.

Learn more, live more, get a reverse mortgage.

Bob Fisher

bob@az62.com

714-331-1486

or

623-214-6663

Great weekends start with NO stress

Many people think of reverse mortgages as just a monetary tool. Those people have never sat down with a senior.

We know that reverse mortgages are about lowering stress. When you know that you are taken care of for the rest of your life, you have lower stress. When you know that you have guaranteed income from your home for the rest of your life, you have lower stress. When you know that your home is supporting a credit line that is growing no matter what happens to the real estate market, you have lower stress.

See its true, reverse mortgages are about lowering stress, not just about money.

Enjoy your retirement, enjoy your life, get a reverse mortgage.

Bob Fisher

bob@az62.com

714-331-1486

or

623-214-6663

RV Cruising Around America with a Reverse Mortgage

There is a group of people cruising around the United States without a worry about high gas prices. They have their RV, they have their primary residence, and they are out cruising around without the worry that their savings are going to dry up.

How have they done it?

They got a reverse mortgage with tenure payments. That means that they have an additional source of income other than retirement savings, social security, or a pension. They have a guaranteed monthly income for the rest of their lives. This additional monthly income gives them the gas, the money for dining out, and the money for getting into parks and recreation facilities.

Now THATS a great retirement.

Bob Fisher

bob@az62.com

714-331-1486

or

623-214-6663

Application and Education : Reverse Mortgages

Reverse mortgages are a government program with many many benefits and abilities to help seniors. Even if you are just considering which way to take the proceeds of a reverse mortgage, (lump sum, tenure, term, line of credit), there are many things to consider.

This is about planning the rest of your life. Do NOT take it lightly. Do NOT simply look over a few pieces of paper that came in the mail then make a decision.

Learn about reverse mortgages from someone with experience. Check references. Do your homework. Remember, its your life, do your homework and it will be a happy one.

If you are not face to face with a loan officer, then you can bet that you do not know enough about the reverse mortgage plan to make the right decision.

Use the mail to send Christmas cards...not to sign up for a reverse mortgage. If you are getting a reverse mortgage application in the mail, think twice about who you are dealing with and how they will treat you after you are done signing up for the plan.

Bob Fisher

bob@az62.com

714-331-1486

or

623-214-6663

Use of Funds : Reverse Mortgage

How can you use the proceeds from a reverse mortgage?

Any way you want!!!

If you get lump sum, you get the total amount three days after you close the loan. It is a check or direct deposit. Once it is in your hands, or checking account, it is yours to do whatever you want.

If you get term or tenure payments on a monthly basis, you get a check each month. Once it is in your hands, or checking account, it is yours to do whatever you want.

If you take a line of credit, the funds are available to you and are deposited within 5 business days of your request to the bank. You can request whatever amount you want, whenever you want, up to the total limit of the line of credit. Once it is in your hands, or checking account, it is yours to do whatever you want.

Any questions?

Bob Fisher

bob@az62.com

714-331-1486

or

623-214-6663

Entitlement : The reverse mortgage

Reverse mortgages ARE a senior citizen entitlement.

Why?

1) Its a LAW. Approved by Congress, Appointed by the President.

2) Monthly benefits for life even if it exceeds the value of the home.

3) Benefits to the estate. 12 months to settle debt.

4) Automatic approval according to age. NO FICO score requirements.

5) Government Insured. Even if the bank fails, the government will manage the plan for you.

Bob Fisher

bob@az62.com

714-331-1486

or

623-214-6663

The difference between living and existing

Its Friday.

What are your plans for the weekend? Are you able to go out with friends for dinner? Are you able to pay for gas? Are you able to buy good, nutritious food at the grocery store?

If the answer is YES, then you are living. If the answer to any of these is NO, then you are just existing.

If you simply have no money, no assets and no home then you are doing the best you can with what you have. If, however, you have a home and you are just sitting on that equity, then you are just existing by choice. What kind of choice is that? Its time to get off the couch and start living life.

With a reverse mortgage you still get to live in your home for the rest of your life, but every penny of equity that you have paid in over your lifetime that the government entitles you to because of your age, is available for you to use to LIVE.

So get a reverse mortgage and start living.

Bob Fisher

bob@az62.com

714-331-1486

Planning for Security, planning for a long retirement.

Didn't you plan for social security?

Didn't you plan for long term care?

How did you use your home in planning for retirement? Did you just think that its a place to live and leave it to the kids?

Did you know that most homes are simply sold by the estate and not lived in by any of the children? Why don't you start thinking about using your home as part of your retirement plan? What you probably do not know now is that if you are like most seniors now, you will outlive your retirement. If you start thinking about living longer now, however, and use your home to begin growing a credit line for future use, you may be able to live a great life for the rest of your life.

You need to educate yourselves. Start learning about the credit line on a reverse mortgage and how it is good for your life down the road.

Bob Fisher

bob@az62.com

714-331-1486

The 10 year plan

If you are over 62 and own your home, then you need to consider the reverse mortgage 10 year plan.

What is the 10 year plan?

It is a way to GUARANTEE that the value of your home will appreciate. Its a plan to FINALLY break free from the volatility of the real estate market and give yourself the security of an appreciating asset.

Here is how it works.

When you are over 62, you are entitled to a reverse mortgage. Since you own you home, you have the opportunity of placing a portion of that equity in a line of credit that grows at a rate of 1/2% higher interest than the interest on the loan, compounded daily. The rate today is over 4%.

If you are 62, the amount in the credit line starts at about 55% of the value of your home. (up to the lending limit for your county)

Once you establish a reverse mortgage, you only are charged interest on the loan balance, NOT THE CREDIT LINE BALANCE.

Typically over a 10 year period, that credit line will grow to equal or be greater than your current home value, and it can just continue to grow and grow. There is no limit to how high it grows. If the economy gets worse, and inflation sets in, then the credit line will grow even faster.

You can cash out your credit line ANY TIME.

Stop being a slave to the real estate market. Be angry at those who told you that reverse mortgages were bad two years ago when you could have gotten 15% to 30% more in the credit line because your houses were worth more. Get into a reverse mortgage now and start feeling the freedom from the stress of home values.

Bob Fisher
bob@az62.com
714-331-1486

The best deal for baby boomers

This fall, when you are traveling around the sun belt looking for a retirement home, there is something that you should remember. If you are over 62, then every home you look at is available to you for less than half price.

Yes, its true. Wtih a reverse mortgage you can get into your retirement home for less than half price with no mortgage payments for the rest of your life.

The home is titled in your name, you make all the decisions just like you would in a regular mortgage, but there are no scheduled payments. You can pay into the home whenever you want, but no payments are required.

Your retired, why put yourself on the time clock again? With a reverse mortgage you are the bank. Contact me if you have any questions and I will answer them for you.

Bob Fisher

bob@az62.com

714-331-1486

What if you were 70 and did not know about Social Security?

What would you think if you were 70 years old and did not know about everything that social security had to offer? Wouldn't you think that you need to check it out as soon as possible?

What if all the government sent you was a booklet that said, "Social Security can help seniors." and did not explain all the options and decisions you have to make about that entitlement? Well that is what is happening with reverse mortgages. Reverse mortgages are a senior entitlement LAW that was passed by Congress and signed into law by President Ronald Regan.

Don't you think it is a bit silly that you don't know everything you need to know about a reverse mortgage? Go learn.

Bob Fisher

bob@az62.com

Every Senior Citizen over 62

It doesn't matter how good your credit is, or how much income you make on a monthly basis. The government wants to help you. It is very important that you do not make monthly mortgage payments to your bank. It is very important that you are safely in a home for the rest of your life. You need to contact us about a reverse mortgage to find out more.

Who can we help?

1) Seniors who own their home and want to leave more to their kids when the pass away.

2) Seniors who have a mortgage payment and want to get rid of it.

3) Seniors on fixed income that need extra money each month.

4) Seniors who are still renting and need to find a place to live "rent free"

Bob Fisher

bob@az62.com

714-331-1486

We help seniors

Seniors need to understand that planning a reverse mortgage is just as important as planning social security. Both are entitlements from the government, and both can help just about every senior out there.

Important decisions like

1) When to take the entitlement

2) How to structure the payouts

3) How to structure the estate

4) How to plan for retirement

5) How to benefit the kids while I am still alive.

If you have not taken a look at how a reverse mortgage can solve all of these questions, you need to contact us to find out more.

Bob Fisher

bob@az62.com

714-331-1486 Cell

623-214-6663 Office

Helping the kids

Everyone wants to help their kids succeed. In these tough times kids are struggling to get jobs, struggling to pay for gas and food, and struggling to buy homes. Where are they going to get the 20% down to buy a home?

The answer is your home. If you are a senior over 62 then you need to be aware of the fact that your home can help your kids and you get to still live in it for the rest of your life.

No other generation has enjoyed this entitlement. The government is giving you part of your equity and allowing you to stay in your home for the rest of your life. Help your kids now without hurting your future.

Bob

bob@az62.com

714-331-1486

Over 1 million homes Foreclosed

There are currently over a million homes on the market that are foreclosed and bank owned. Have people been telling you that the market is ready for a rebound? How long do you think it will be before that inventory of homes is sold? We all know that they are being sold at a steep discount.

If you are over 62 and own your home there is only one way to make sure that your home appreciates over time. If you get a reverse mortgage, the credit line grows at 1/2% higher interest rate than the interest on the loan. That means that in a short time the credit line will be worth more than the current price of the home.

You are allowed to take out any or all of the credit line whenever you need it. If you need to move in 15 years, simply remove the credit line and hand the home over to HUD. No need to go through the process of selling the home because the credit line was worth more!

Bob

bob@az62.com

714-331-1486

Everyone over 62

Reverse mortgages are good for almost everyone over 62 years old. If you are hearing that they cannot benefit you, then you are hearing wrong.

There are now hundreds of people giving seminars on the benefits of reverse mortgages.....maybe you need to check one out.

It doesn't matter if you own a home, have a mortgage, or EVEN if you are still renting....reverse mortgages can benefit you.

Bob

bob@az62.com

714-331-1486

Over 62

If you are just turning 62 or if you are over 62, its time for you to go back to school. You need to know your entitlements and you need to know them for yourself. Depending on others with second hand information to make decisions that will effect your life is not a smart way to live.

Start learning for yourself. Start learning about reverse mortgages. Your class schedule is as follows:

1) Learn about the rules and regulations (What is an entitlement?)

2) Learn about Lump Sum, Tenure, Term and the Credit Line. (How high can my credit line grow?)

3) Learn about the true cost of a reverse mortgage including the interest rate and the treasury bill. (Is there any index lower than the treasury bill?)

4) Learn about the benefits to your estate (What happens to the tax deduction from the interest paid on the reverse mortgage?)

If you don't know about these then learn. If you don't know where to find the information then give me a call or email me with any question you have.

Bob Fisher

bob@az62.com

714-331-1486

Real Estate Agents

If you don't know already, real estate agents should be taking a close look at reverse mortgages. They will be the best friend of the real estate agent over the next 15 years.

Baby Boomers are out looking for retirement homes right now. Once the baby boomers realize that they can purchase a home at less than half price simply because they are over 62 years old, the new real estate economy will begin.

Baby boomers like to keep their money in their pockets. Reverse mortgages allow them to purchase a home at less than half the price with no FICO score requirements and no income verification.

They are going to be all over this entitlement.

Bob Fisher

bob@az62.com

714-331-1486

Manufacted Homes

Three things you need to know about manufactured homes and reverse mortgages.

1) Reverse mortgages can help seniors upgrade from an old manufactured home to a new one with little or no money down and no mortgage payments for life.

2) Reverse mortgages can help seniors by putting a new manufactured home on property that the senior owns with little or no money down and no mortgage payments for life.

3) Seniors can buy a new land/home package for less than half price.

Notes: The senior must be 62 years or older, they must own the property or have it on a 99 year lease, and if it is a loan on an existing home, the home must be newer than 1976.

Bob Fisher

bob@az62.com

www.az62.com

714-331-1486

Non Profits

If you are a leader or worker at a non profit agency that works with seniors it is time for you to take another look at reverse mortgages.

Both the private sector and public sector agencies that deal with seniors are the single most significant source of bad data on reverse mortgages. What you do not know is hurting seniors.

We hear that seniors are going to lose their homes, that these are the most expensive loans on the market, that no equity will be left for their heirs, and that their children will have to pay money after they die.....NONE OF THESE ARE TRUE.

You can call, visit our website, or simply do some research, but PLEASE stop telling lies about reverse mortgages. Reverse mortgages are an entitlement for seniors. They are a way to save a home, set up a valuable estate plan, set up a valid retirement plan, and to give back to your community while you are still alive.

Bob

bob@az62.com

www.az62.com

714-331-1486

Reverse Mortgages and Churches

Churches have always played a part in taking care of people during hard economic times. Today churches are responsible for feeding and caring for more people than ever.

Churches need to know about the benefits of reverse mortgages for three different reasons:

1) A reverse mortgage can help a senior give to a church now and actually let them manage their donation rather than just blindly giving it to the organization. It is much more fulfilling for the senior and their management helps the money go further than it would otherwise.

2) A reverse mortgage can help seniors stay in their homes. If a senior has taken out a forward mortgage they are always at risk of losing their homes if they cannot make the payments. A reverse mortgage helps them to be secure in that home for the rest of their life.

3) A reverse mortgage can be used for multiple dwelling units (up to a 4 plex). If a church is helping a senior find housing, they should think about leveraging the entitlement of the reverse mortgage for that senior. Get a 4-plex and provide housing for 4 families instead of just one, and pay less than you would pay to buy a single family home.

These opportunities can provide fantastic help for churches. Just call me for additional information on how to use this entitlement to further your churches mission.

bob

bob@az62.com

714-331-1486