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Ad The research study Massi did for the sections, along with outdoors research unrelated to his reporting, also netted some knowledge about the public understanding of reverse mortgages, as well as the kinds of sales methods used among industry professionals. "The biggest thing I found out is how numerous people do not comprehend [reverse mortgages] as consumers," he says.

" HECM for Purchase is an outstanding item that most of the industry admits isn't needed fully comprehended or sold appropriately," says Wendy Peel, VP at Reverse, Vision. "We are enjoyed have Bob Massi offer his professional insights into how to best sell H4P and develop a lead network for this niche item." A focus of Massi will be on how producers can better place reverse home loans for customers.

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" The discussion was buying from." But offered  Need More Info?  amongst child boomers and their member of the family, the message is highly rewarding, he states. Recent research studies indicate approximately half of Americans do not feel they will be prepared for retirement, and house equity still ranks high amongst prospective retirees' sources of wealth. Further research study shows today's younger employees may likewise be improperly prepared for retirement, with a recent TD Ameritrade study revealing 37% of Generation X members will never be all set for their golden years, as reported by U.S.A. Today.

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" I think there is a taste for [the reverse home mortgage] but you need to have the ability to make the consumer understand that this is something that benefits them. Consumers today are extremely informed there's a lot to conquer." Massi will speak on February 8 at Reverse, Vision's User, Con in San Diego.

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Refinancing can help you lower your regular monthly payment, settle your loan faster, or tap into the equity you've already built into your house. Weigh the benefits and drawbacks to see if refinancing is right for you.