A fast home sale is essential when it comes to getting the best price possible for your property. There is only one problem. Getting a house ready to sell and securing a top dollar sale isn’t as easy as just setting the right asking price or staging a property as effectively as possible. In some cases, after all, your property could be competing against literally hundreds of others in the same neighborhood.
According to 2013 Mercola article, retiring from working life can result in a staggering 40% increase in incidents of depression, social isolation, and low self- esteem among retirees. Of course, that’s hardly something which you want to hear if you are nearing retirement age. The good news, however, is that depression and social isolation definitely doesn’t have to play a part in your personal retirement if you don’t want it to.
Many seniors in America start feeling trapped as the age. They love their existing home but it is either no longer suitable for them for mobility reasons, or they feel increasingly isolated from friends and family. The good news, however, is that with a reverse mortgage loan, seniors over the age of 62 can relatively easily secure financing on a new property, even if they do not want to sell their existing home.