Principal limit is a unique term with the reverse mortgage and simply translates into how much you can borrow. Assuming the same data is used this number should be consistent from lender to lender. The data includes three critical numbers: age of the youngest borrower, rate, and home value. Here is a brief explanation of […]
What’s Your Home’s Real Value?
As a society, it seems like we’ve gotten away from appreciating our homes for their emotional and sentimental worth. Instead, we focus solely on their monetary value.
What To Do When Your Home Doesn’t Appraise At Its Purchase Price
Experienced home sellers know that reaching a sales agreement with a potential buyer can be just the start of the negotiation process.