Most Americans would prefer to remain in their own home for as long as possible.Â One way that people can do that is a â€œReverse Mortgage.â€Â Knowing the fundamentals about Reverse Mortgages can make for a solid decision and prevent major problems.Â 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 â€œReverse Mortgages: A Primer for Consumersâ€ as part of the â€œKnow it before you need itâ€ series.Â 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 oneâ€™s home.
â€œMany people are apprehensive about getting a Reverse Mortgage,â€ said Aaron Van Valkenburg, manager of Aging and Disability Resources.Â â€œBut they can be a prudent way for seniors to tap into a homeâ€™s value and provide the means to remain at home without sacrificing anything.Â When it comes to Reverse Mortgages, knowledge is everything.â€
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.Â 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 â€“ Main Conference Room, 2401 S. 35th Street, Tacoma
Feb 13, 7 to 8 p.m.
Soundview Building Conference Room,Â 3611 S. â€œDâ€ Street, Tacoma
Feb 15, 12:10 to 12:50 p.m.
County-City Bldg â€“ Rainier Conference Room â€“ 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.Â No RSVP is required.Â For more information contact the Pierce County Aging & Disability Resource Center at (253) 798-4600 or (800) 562-0332.