Sleeping Giant of the Senior Real Estate World - Episode 400

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 [email protected] or follow his Tiktok channel - https://www.tiktok.com/@curbelofinancialcoach 

To contact Shawn Yesner, you can email him at [email protected] or visit www.YesnerLaw.com.