Reverse Mortgage Watch
by Darren Moffatt on July 29, 2010
Earlier this week the Homesafe Solutions senior’s equity release product was profiled on Channel 7’s Today Tonight program. The story was well-balanced, and tapped into the fast-growing demand for home equity release amongst Australian pensioners and self-funded retirees.
The Homesafe Solutions ’Debt-free equity release’ can be a good solution, and for some people will be a preferred option to a reverse mortgage. However, the product is only currently available in metro Sydney and Melbourne, so many seniors who need to access equity in their home do not have this option available. Aside from selling and downsizing, a reverse mortgage may still be the only viable option for many retirees.
Contact Seniors First on 1300 745 745 for more details on equity release options currently available to you.
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Homesafe solutions on today tonight
by Darren Moffatt on July 29, 2010
Earlier this week the Homesafe Solutions senior’s equity release product was profiled on Channel 7’s Today Tonight program. The story was well-balanced, and tapped into the fast-growing demand for home equity release amongst Australian pensioners and self-funded retirees.
The Homesafe Solutions ’Debt-free equity release’ can be a good solution, and for some people will be a preferred option to a reverse mortgage. However, the product is only currently available in metro Sydney and Melbourne, so many seniors who need to access equity in their home do not have this option available. Aside from selling and downsizing, a reverse mortgage may still be the only viable option for many retirees.
Contact Seniors First on 1300 745 745 for more details on equity release options currently available to you.