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Can You Rent Your House If You Have a Reverse Mortgage?

Can You Rent Your House If You Have a Reverse Mortgage?

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,...
Is the Housing Market Going to Crash in 2024? Important Information You Should Be Aware Of

Is the Housing Market Going to Crash in 2024? Important Information You Should Be Aware Of

General Home Advice

There is no denying that mortgage interest rates are higher than they’ve been in years. Historically speaking, however, they are nowhere near all-time highs. But do these high rates mean a real estate bubble is forming? Does it mean homes will lose value? Will the...
How to Leverage Home Equity to Buy Out a Spouse During a Divorce

How to Leverage Home Equity to Buy Out a Spouse During a Divorce

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...
Looking for an Updated Classic? Here’s Why the Modern Farmhouse is for You

Looking for an Updated Classic? Here’s Why the Modern Farmhouse is for You

General Home Advice

Home buyers craving the perfect blend of traditional comfort integrated with modern amenities often find exactly what they are looking for in a modern farmhouse design. Thoughtfully blending rustic elements with sleek, modern lines, this unique home style is found in...
Reverse Mortgage Requirements for Renting Out Your House

Reverse Mortgage Requirements for Renting Out Your House

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...
Selling Houses with Reverse Mortgages

Selling Houses with Reverse Mortgages

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...
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