General Home Advice, Home Loans
Can you rent your house if you have a reverse mortgage? Many homeowners might ask this question, especially as they age and consider different ways to manage their finances. This type of loan allows people who are 62 or older to borrow against the value of their home,...
Financial Advice, General Home Advice
The equitable division of property and assets is the rule of law in Oregon during a divorce. Unlike community property states, wherein all property and assets acquired during a marriage are divided equally, Oregon awards property and assets based on who earned or...
Financial Advice, General Home Advice
Thinking of renting out your home but already have a reverse mortgage? Many homeowners consider turning their property into a source of income, but there are specific rules you need to understand if you’re in this situation. In this blog, we’ll break down the...
Financial Advice, General Home Advice
If you currently have a reverse mortgage and want to sell your home, it’s important to know what to expect. If you’re set to inherit a home that has a reverse mortgage, plan for the home to go through probate, which means you may need to contact a probate attorney for...