Most Americans would prefer to remain in their own home for as long as possible. One way that people can do that is a “Reverse Mortgage.â€Â Knowing the fundamentals about Reverse Mortgages can make for a solid decision and prevent major problems. A Reverse Mortgage enables seniors 62 or older to access their home equity for a variety of purposes.
Pierce County Community Connections Aging & Disability Resources is sponsoring “Reverse Mortgages: A Primer for Consumers†as part of the “Know it before you need it†series. The free workshop explains in clear, impartial terms the basic features of a Reverse Mortgage and how one can provide the means to stay in one’s home.
“Many people are apprehensive about getting a Reverse Mortgage,†said Aaron Van Valkenburg, manager of Aging and Disability Resources. “But they can be a prudent way for seniors to tap into a home’s value and provide the means to remain at home without sacrificing anything. When it comes to Reverse Mortgages, knowledge is everything.â€
Presenting at the workshops will be Bob Riler, HUD-certified Reverse Mortgage Counselor and staff at Community Connections; Rebecca Rainsberger of Genworth Financial and Edwin Hoffmann of Eagle Home Mortgage. This is an information-only event.
The workshop will be repeated four times:
Feb 13, 12:10 to 12:50 p.m.
Pierce County Annex – Main Conference Room, 2401 S. 35th Street, Tacoma
Feb 13, 7 to 8 p.m.
Soundview Building Conference Room, 3611 S. “D†Street, Tacoma
Feb 15, 12:10 to 12:50 p.m.
County-City Bldg – Rainier Conference Room – 7th Floor, 930 S. Tacoma Ave., Tacoma
Feb 15, 7 to 8 p.m.
University Place Library Conf Room, 3609 Market Place W., Suite 100; UP
The presentations are free and open to the public. No RSVP is required. For more information contact the Pierce County Aging & Disability Resource Center at (253) 798-4600 or (800) 562-0332.