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.
The Secret to Coming off The Freddie Mac Exclusionary List - Episode 262
Can You Evict During a Pandemic? - Episode 261
Your Image Impacts Your Debt - Episode 260
Preventing Long Term Care Debt - Episode 259
Debt During Divorce - Episode 258
Go Focus Yourself! - Episode 257
Personal Finances and Life Events - Episode 256
Evictions, Foreclosures, Student Loans & Relief Packages - Episode 255
Out Of The Box Gifts - Episode 254
Networking Away Debt - Episode 253
Top 52 Books to Crush Your Debt - Episode 252
SMART Goals for Crushing Debt - Episode 251
Crushing Christmas Debt with Santa - Episode 250
What do I Disclose When Selling Property? - Episode 249
When You Can’t Pay Your Mortgage - Episode 248
Credit Coaching by Kristi - Episode 247
There is Plenty to be Thankful For! - Episode 246
Saving Money by Using a Property Manager - Episode 245
Become Debt Free in Less Than One Hour - Episode 244
The Return of Short Sales? - Episode 243
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