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...
Aruba is a dream destination for most people. The island is filled with friendly people and gorgeous sunny weather, and there have been no recent natural disasters in the area. That’s right – no earthquakes or hurricanes! The island also has the lowest crime rate in the Caribbean, making it the perfect retirement destination. If you want to retire in Aruba but you’re not sure how to finance the...
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