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Guide for Seniors on Housing and Mortgages

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Purpose of this guide: This guide will help seniors of all ages to understand some of the options open to them and precautions that they should take when it comes to owning a home, downsizing, paying a mortgage, taking out a reverse mortgage, and selling property.

After evaluating this guide, readers will have a better understanding of:

  • Common financial mistakes that seniors make
  • The benefits of downsizing
  • Approaches to paying for a mortgage in retirement
  • The various types of mortgages available to seniors
  • What a reverse mortgage is and how to use it
  • How seniors can protect themselves from predatory real estate professionals and scams
For more information go to www.mortgageloan.com/seniors/

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