What if a buyer could get into your property for:
And have no mortgage payment!
A senior with a purchase budget less than $849,000 would have to pass on your property.
A senior with at least a purchase budget of $492,000 could be a potential buyer.
Now your pool of potential buyers just grew!
Contact us today and we can provide:
This page is for informational purposes only and is intended for real estate professionals and not for the general public/potential buyers. These estimates are for illustrative purposes only and may change without notice. Estimates are based on an average client age of 72 years old and interest rates as of 2/25/2023. The purchase price amount represents the estimated down-payment required. The remaining balance of the total purchase price would be financed using a reverse mortgage for purchase program. Once in place, the borrower is not required to make any monthly principal or interest payments but is still responsible for paying property taxes, homeowners insurance, HOA dues and general home maintenance costs. Borrowers must be at least 62 years old to qualify.