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Katrina McHugh

Are Sell and Leaseback Programs a Good Option for Boomers?

Sunday Oct 15th, 2017

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Rising home prices often mean that real estate forms a top-heavy portion of many seniors’ wealth in retirement. This forces some to tap into their home equity in order to pay the bills and overcome their past failure to save. Until recently, their only choice was a reverse mortgage, a secured loan in which lenders like HomEquity Bank make monthly payments to them, based on the equity that they’ve built up over the years, rather than the other way around. Related... [read more]

Don't Want To Move? Now You Don't Have To! Just Sell 'n STAY....

Tuesday Oct 25th, 2016

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    Living Life On Your Terms A Sell ‘n STAY™ White Paper There were 5,780,900 Canadians 65 and older on July 1, 2015. By 2051 1 in 4 Canadians will be 65 or older. (http: well-being.esdc.gc.ca/mismin-iwob/.3ndic.1T.4r@-eng.jsp?Iid=33.) According to a report by CBC news on our aging population of people 65 and over, it isn’t just large; there numbers are growing fast, representing 15.6 of Canada’s population. The population growth rate for... [read more]

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