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Viac informácií o knihe Reverse Mortgages

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Anotácia knihy

A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner''s insurance. Reverse mortgages allow seniors to access the equity they have built up in their homes now, and defer payments of the loan until they die, sell, or move out of the home. The original purpose envisioned for reverse mortgages was to convert home equity into cash that borrowers could use to help meet expenses in retirement. Borrowers could choose between an income stream for everyday expenses, a line of credit for major expenses (such as home repairs and medical expenses), or a combination of the two. This book examines the changes that have taken place in the marketplace and in the consumers who use reverse mortgages, with a focus on consumer protection concerns.

Parametre knihy

Zaradenie knihy Knihy po anglicky Society & social sciences Society & culture: general Social issues & processes

• Celý názov: Reverse Mortgages
• Podnázov: Elements, Considerations & Market Developments
• Autor: Meghan Galloway, Richard Kantor
• Jazyk: Angličtina
• Väzba: Pevná
• Počet strán: 175
• EAN: 9781622579655
• ISBN: 9781622579655
• ID: 06438603
• Nakladateľ: Nova Science Publishers Inc
• Hmotnosť: 546 g
• Rozmery: 262 × 184 × 17 mm
• Dátum vydania: 12. April 2013

Obľúbené z iného súdka

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