Today on The Father Show we had Kevin A Guttman who is a mortgage specialist to inform us about Reverse Mortgages. He tells us that there are 3 main reasons for a Reverse Mortgage which are: Eliminate monthly PI payment-remain at home, maintain independence, retain ownership on title. The Access Equity-earns compound interest tax free; proceeds are not taxable; protect portion equity and third, the Purchase Home-double purchasing power; newer home, updated amenities, area you want to live in, no PI mortgage payment. He explains that there are 3 Ways to Access Equity from your home, a Lump Sum, Monthly payments, and having a Line of Credit. 3 Features of a reverse mortgage; Non-recourse loan, Best Interest Rate, and Tax free proceeds. You have 3 Options; Fixed rate, Adjustable rate, Jumbo fixed or adjustable. One of the important things I learned is that you maintain the ownership of the home. With a Reverse Mortgage you could Update home, Consolidate Debt, Give to family, and give to charity. However, one thing you can do with the money is buy an annuity.
If you can never get enough true crime... Congratulations, you’ve found your people.
Bob Saget's Here For You
BOB SAGET’S HERE FOR YOU is a podcast that is like no other— For one, this podcast has guests who are friends of Bob’s, or just really interesting people who many of you know and love. Secondly, this podcast is unique because it goes inside Bob Saget’s mind, and then quickly filters out through his mouth. Bob has a way of calming people he has conversations with as well as being entertaining and often informative. Bob talks with his guests with genuine empathy and humor, while reaching his unusually diverse audience that he talks to as a friend, Bob is the dad with great advice, the irreverent funny guy who’s always there when you need a laugh, and the free-associative Bob who goes off on crazy tangents then returns to the subject at hand, as serious or as comedic as it may be, to wrap up each episode in a way only Bob can do. Because he really does believe, “He’s here for you."
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.