Planet Boomerville For Baby Boomers With Jim Enright

We’ve finished 3 killer episodes on Reverse Mortgage (or HECM’s). My plan was to expose them for the evil they are, but I was derailed by both  new  Federal regulations that protects consumers, and  education by Ron Heath. I highly recommend that you listen to these 3 episodes as many times as it takes  to absorb the financial concepts, and how they could impact your financial security….not necessarily NOW, but perhaps in 20 years…maybe 30 years. Acting now, that is sooner, rather than later, as a last resort, is in your favor. Listen especially if you are planning to pay cash. This episode is buying a home with a traditional mortgage. You pay for the next 30 years, or less. This also expects that you have done the critical thinking of:  #1- Do I want to buy a home right away in my dream location without living there first and renting? # 2-Do I want to follow my children and grandchildren? # 3 - Do I want to leave an inheritance of a paid for home for my children? The two critical timing points that you must