Apply Immediately Before the New Changes Become Effective on October 2, 2017
Call Today! (786) 262-6486
Dear Senior HomeOwner:
We notify you that The Department of Housing and Urban Development has announced that, effective October 2, 2017 the proceeds that you can get from a Reverse Mortgage will decrease drastically.
We recommend that you make an appointment to come to our office to explore how these changes can affect the possibility of getting a Reverse Mortgage.
We will explain exactly how a Reverse Mortgage works and we will analyze if it is a good financial option for you and your family. Take action before the changes take place on October 2, 2017 and reduce the proceeds you can get from the program.
A Reverse Mortgage insured by the Federal Government offers you:
§Tax Free “Cash” advance, or in a Growing CreditLine or in monthly advances.
§Financial freedom: Pay-off your current mortgage, consolidate your debts, pay medical expenses, improve your home, or simply enjoy your Money.
We invite you to call for an appointment at our office, without any cost or obligation, before the October 2 changes so you can benefit from this wonderful current Program.
Don’t Stay Behind!
Juan Luis
Call 786-262-6486 or 305-646-0402 ext 107RodKohly@Gmail.comhttp://HappySeniorHomeOwners.com
Financial / Retirement Planning (Florida)
Florida Seniors have a great need of advice regarding financial issues affecting their daily lives and long term goals. Today, with retirees living longer, there is a greater need to establish an additional source of liquidity to complement their Retirement income.
The Reverse Mortgage has Ceased to be a “Last Resort” Planning Tool. Today, it is much more! It can be a Stand-By Strategic Funding Tool for a Lower Cost Structuring!Strategic consumption of the home’s equity through a Reverse Mortgage, in lieu of consuming the value of investment assets, could help drive the growth of other assets.
You can choose to receive the Tax-Free* proceeds in one of 4 ways: 1) Lump Sum or,2) Monthly Advances or, 3) a GROWING CreditLine or,4) a combination of 1, 2 and 3 above.
Interest accrues only on outstanding debt. On the CreditLine or Monthly Advances options, unused proceeds do not accrue interest until funds received.
The uses listed below should NOT be the primary reasons to get a Reverse Mortgage. However, it could also provide opportunities for financial planning:
? Avoid selling assets and paying Capital Gains Tax,? Estate Preservation,? Reduce Taxable Estate, ? Additional source of liquidity, ? Reduce taxable IRA withdrawals, ? Manage market volatility, ? Charitable or Sect. 529 Educ. Gifts,? Delay Social Security,? Portfolio Growth / Survivability, ? Life Insurance Trust -“2nd to die policy”,
? Tax Free* Cash Reserve with a GROWINGCreditLine. (if option chosen),? No Pre-Payment penalty (partial or full),? A partial pre-payment will increase CreditLine (if that option chosen),? Portion of a Pre-payment applicable to interest could be tax deductible*,? etc... Powerful Solutions For Today! * We do not provide legal, financial or tax advise. Consult competent Financial/Tax/Legal advisor.
* Subject to Financial Assessment Requirements, to errors and/or omissions and to change without prior notice. ** (IRS.gov Pub 936 or 1-800-829-1040) We don’t provide tax, financial or legal advise. This Document has Not been approved by HUD/FHA/CFPB.
There are many myths today about reverse mortgage products and services. For this reason our organization is currently working with other financial professionals such as: CPA’s, Estate Attorneys, Financial Planners, Insurance Agents, Credit Unions and Banks, to dispel the myths and set the record straight. It will help your Advisors to better assist you. Send the link below to your trusted Advisor: http://HappySeniorHomeOwners.com/FinancialAdvisors To view this information in Spanish:http://HappySeniorHomeOwners.com/PlaneacionFinanciera
We can offer you a free, no obligation Confidential Personalized Estimate: 1) Call 786-262-6486 or 2) Fax (786) 345-0783 or 3) email RodKohly@gmail.com me your information