by Michele Lerner Mortgage & Real Estate Contributing Editor Updated on 02/28/2018 With a reverse mortgage, homeowners receive money from the lender instead of paying money to them—they are the reverse of a traditional mortgage. Reverse mortgages are available to homeowners who are over the age of 62 who live in their home and either own it outright or have a minimal remaining mortgage...
The Additional Costs To Factor In When Purchasing A Property Buying a property is an exciting time in anyone’s life. Whether it’s your first purchase, stepping up the property ladder, buying a holiday home or a property abroad, nothing quite equates to the feeling you get when you receive the keys and take your first steps through the door. In Aruba, or any other location, purchasing a property is a...
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