I’m Barry Kessler, thanks for joining me, and I’m a Real Estate Agent licensed in the state of California and today I will be talking with Mark Richardson with CSMC Mortgage in Thousand Oaks California about reverse mortgages, and about the creative ways they are being used not only as a tool to help preserve someone’s home when they can no longer afford to make payments, but as a financial tool as well. It can be very interesting as you will find out.  So, let’s go right now to Mark Richardson, and learn about Reverse Mortgages.

Leonard Baron, Author of Real Estate Ownership, Investment and Due Diligence 101 talks about Homeowner Associations and had a checklist for you to weigh the health of a HOA.

The home warranty is often the most overlooked part of the Real Estate buying and selling process. Tamara Rossie Molina form first American Home Protection talks about home warranties and why they are so important.

Proposition 60 was passed in 1986, and then after that, Proposition 90, that passed in 1988. These are the California Propositions that allow a homeowner to transfer their Property tax base when they sell their home and buy another home.

If you have a home to sell that is in a flood plain or flood zone, you know that due to your location, you have been paying FIMA, flood insurance, and if you are going to sell that home lying there in that flood area, you are going to need to have a company perform a survey and provide an Elevation Certificate. ..

Reverse Mortgages have changed over the years. They are great tools for purchasing another home, preparing for old age and possible health care bills.