Mary Andes's (fhareverseforpurchase) Blog

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Mortgage and Lending
RECENT BLOG POSTS
Motorcycle Race Frederick Md July 4th UPDATE :: NO 50CC Class this year (2010) Like any bona fide classic, the Fritchie has stood the test of time. The Fritchie is held at The Great Frederick Fairgrounds. It is the oldest running half mile in the country. It’s a Fourth of July tradition in Freder...
07/29/2010
This is a great deal from a very good local SEO expert and it's for a very worthy cause. David Bruce is offering $500 Off his local search engine optimization fees (he charges $700 and up or $100 per hour for his very knowledgeable expertise) for ActiveRain members that donate $50 to a mobile fr...
07/10/2010
STEPS TO OBTAINING A REVERSE FOR PURCHASE OR REVERSE MORTGAGE A lot of people losing their homes become paralyzed with fear and don't do anything Before the reverse loan person can take a loan application from the potential borrower, the senior must receive counseling from HUD approved counselor....
07/10/2010
I had coffee a few weeks ago with a financial planner who told me off the cuff that many financial planners feel that they are in competition with reverse mortgage consultants. I asked him why and he said, " Because as financial planners we feel the annuities are better for the seniors and revers...
06/17/2010
The intent of the reverse mortgage is not for short term holdings.  The very first reverse mortgage was made in 1961 to a widow to help relieve her financial burden.  The loan was structured similar to an annuity with the idea that the homeowner's equity would be tapped to allow them to have a mo...
05/18/2010
Reverse Mortgages in Maryland I help seniors purchase homes with NO MONTHLY PAYMENTS - new loan signed off by Congress in 09 - part of the stimulus package to help seniors purchase homes they want and stimulate housing industry. 5300 Westview Dr. #302 Frederick, MD 21703 Phone: 240 575-5794 Webs...
05/10/2010
 One day I decided to research what the largest growing market was going to be in the next 20 years. I came across a few articles and facts that astounded me. Here are a few: According to the U.S. Census Bureau, “the number of Marylanders 65 or older is expected to double by 2030 to about 1.2 mil...
04/15/2010
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