John G. Karavas, Homepage

Hot Off The Press





Wells Fargo Financial predicts strong Multi-family construction/investment in 2012

  FHA Extends Waiver of Anti-Flipping Regulations Through 2012


 65 years old and older, growing faster than the rest of the population


A Senior's Story - Saved from Foreclosure

On a personal note, prior to using a reverse mortgage to save a senior's home,
one needs to consider whether the senior has the income to keep property taxes
current and sufficient income to address the maintenance requirements of the property.
If not, the funds spent to establish a reverse mortgage could be wasted since  the home
 owner  may find themselves in the same financial "pinch" a few years down the road.




Reverse Mortgage Lenders Can Underwrite for Financial Capacity


100+ Year Old Homeowner Gets Kicked Out of Their House by HUD


                                                                    NCOA's Brochure "Use Your Home To Stay At Home"


















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