Workshop explains Reverse Mortgages

Jan 25th, 2012 | By | Category: Featured Articles

Most Americans would prefer to remain in their own home for as long as possible.  One way that people can do that is a “Reverse Mortgage.”  Knowing the fundamentals about Reverse Mortgages can make for a solid decision and prevent major problems.  A Reverse Mortgage enables seniors 62 or older to access their home equity for a variety of purposes.

Pierce County Community Connections Aging & Disability Resources is sponsoring “Reverse Mortgages: A Primer for Consumers” as part of the “Know it before you need it” series.  The free workshop explains in clear, impartial terms the basic features of a Reverse Mortgage and how one can provide the means to stay in one’s home.

“Many people are apprehensive about getting a Reverse Mortgage,” said Aaron Van Valkenburg, manager of Aging and Disability Resources.  “But they can be a prudent way for seniors to tap into a home’s value and provide the means to remain at home without sacrificing anything.  When it comes to Reverse Mortgages, knowledge is everything.”

Presenting at the workshops will be Bob Riler, HUD-certified Reverse Mortgage Counselor and staff at Community Connections; Rebecca Rainsberger of Genworth Financial and Edwin Hoffmann of Eagle Home Mortgage.  This is an information-only event.

The workshop will be repeated four times:

Feb 13, 12:10 to 12:50 p.m.
Pierce County Annex – Main Conference Room, 2401 S. 35th Street, Tacoma
Feb 13, 7 to 8 p.m.
Soundview Building Conference Room, 3611 S. “D” Street, Tacoma
Feb 15, 12:10 to 12:50 p.m.
County-City Bldg – Rainier Conference Room – 7th Floor, 930 S. Tacoma Ave., Tacoma
Feb 15, 7 to 8 p.m.
University Place Library Conf Room, 3609 Market Place W., Suite 100; UP

The presentations are free and open to the public.  No RSVP is required.  For more information contact the Pierce County Aging & Disability Resource Center at (253) 798-4600 or (800) 562-0332.

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