Let’s Talk: How Should I Purchase My Next Home?

You have decided you are not ready to give up homeownership, but your current house does not meet your needs.

What is the best way to purchase your next home? Cash? New mortgage? Reverse mortgage? What are the differences?
Are there things about mortgage lending that you have always wanted to know but were afraid to ask?

Questions that often come up regarding home financing that will be addressed include:

• What’s the difference and advantages between a “cash Out” refinance and a Home Equity Line of Credit?
• Why do you have to have an appraisal done when refinancing?
• Is a Reverse Mortgage a good thing? What are some of the reasons for “Yes” or “No?”
• Why to consider having a Home Equity Line Credit in place?
• Why are Condominiums harder to finance?
• What are the Pros/Cons of a HELOC vs a Reverse Mortgage?
• Should I payout my existing mortgage with a recently received inheritance?
• Why did interest rates go up so much and so fast? What is the projection for next year?
• What is a TITLE LOCK? Is it a scam?


Register today by calling 479-717-7710, ext 3.

You may also like the following events from Senior Smart Talk:

• Next month, 8th July, 10:00 am, Let’s Talk: Don’t be Fooled! Be on the Lookout for the Latest Scams in Fayetteville
• Next month, 10th July, 10:00 am, Let’s Talk: Innovative Pain Management Solutions in Bentonville
• This August, 12th August, 10:00 am, Let’s Talk: Options for Support at Home in Fayetteville