WOW! Four Hundred Episodes! Who knew way back in 2015 that eight years later, we would be 400 episodes in!
So what is the sleeping giant of the senior real estate world?
What is a HECM and can it be used to purchase a home?
How can a HECM actually INCREASE the commission paid to an agent?
How can a senior use the equity in their previous home to upsize or downsize into a new home?
On this week's episode, we have a repeat guest - Michael Banner of www.LetsMoveForwardInReverse.com.
Michael became a licensed mortgage professional in 1982. Approximately 15 years ago his passion took a new direction, as his career became focused on assisting the senior segment of our industry as they approached, or were already in, the retirement portion of their lives. The gift of the "longer life spans" can sometimes be a "double edged sword" and Michael devoted his career to helping seniors with reverse mortgages. Michael is a nationally known speaker and published author, and has performed education classes for more than 20,000 financial planners, independent financial advisors, long term care insurance agents, attorneys and Realtors on the topic of The Use of Home Equity During Retirement. Over the last decade, he has appeared on hundreds of national, local and regional television, and radio broadcasts and his articles on the topic of Reverse Mortgages have appeared in the a variety of industry leading publications and blogs.
You can also listen to Episode 120 to hear Michael's first interview on the Reverse Mortgage Industry, or our previous episode with him - #384, The Secret to Moving Forward in Reverse!
https://yesnerlawpodcast.libsyn.com/episode-120-safely-using-a-reverse-mortgage-with-michael-banner
Let us know if you enjoy this episode and, if so, please share it with your friends!
Please also visit our sponsor, Sam Cohen of Attorneys First Insurance for Attorneys and Title Companies looking to get a quote on Errors & Ommissions (malpractice) Insurance coverage. www.AttorneysFirst.com.
Or, you can support the show by visiting our new Patreon page: https://www.patreon.com/crushingDebt
To contact George Curbelo, you can email him at GCFinancialCoach21@gmail.com or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach
To contact Shawn Yesner, you can email him at Shawn@Yesnerlaw.com or visit www.YesnerLaw.com.
Planning to Wealth with David Flores Wilson - Episode 187
Seven Wealth Building Rules - Episode 186
Judgment Liens & Inherited Property - Episode 185
Student Loan Management Program - Episode 184
Tampa Real Estate with Jamie Boling - Episode 183
The Boling Group Coaching and Consulting - Episode 182
Evicting Mom - Episode 181
Inherited IRAs are not Exempt - Episode 180
Freddie Mac Exclusionary List Policy - Episode 179
Florida’s Foreclosure-Rescue Statute - Episode 178
Positive Quotes - Episode 177
Here We Grow Again - Episode 176
Crushing Debt Book Report - Episode 175
Foreclosure Questions Answered - Episode 174
Episode 173 - Seven Rules for Real Estate Investing
Episode 172 - Trump Tax Cuts
Episode 171 - Tech Guys Who Invest
Episode 170 - What new laws passed, and which died in the 2019 FL Legislative Session
Episode 169 - #MyMKLife
Episode 168 - Garage Sale Lessons Part IV
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