The Complete Guide to Reverse Mortgages: Turn Your Home Equity into Instant Income! [Paperback]

Tyler Kraemer (Author), Tammy Kraemer (Author)

Book Description

Publication Date: September 1, 2007

Until recently, there were only two main ways you could get cash from your home: sell it or borrow against it and make monthly loan repayments. Reverse mortgages offer a third way of getting money from your home. If you are a homeowner, age 62 and older, you are eligible to apply for a reverse mortgage loan that converts your home equity into a tax-free income.

With The Complete Guide to Reverse Mortgages, you'll learn all you need to know to earn the supplemental income you need, without worrying about:

• Having to sell your home
• Give up your title
• Or take on a new monthly mortgage payment.

This invaluable guide explains everything you need to know about reverse mortgages and how to use them to your advantage. With practicing attorneys Tyler Kraemer and Tammy Kraemer leading the way, you will learn the step-by-step process to getting a reverse mortgage and making the best of your retirement!

Editorial Reviews

About the Author

Tammy Kraemer has been an attorney practicing business, real estate, and intellectual property law for almost ten years. She is currently in private practice. She worked in general counsel for a mid-size software company with worldwide offices. She also worked at a large regional law firm in their corporate law and securities department. She has written and edited numerous articles for newsletters and law journals. She lives in Colorado with her husband Tyler and their two children.

Tyler Kraemer has been an attorney in private practice focusing on estate planning, real estate, finance, and business law for almost ten years. His clients include lenders, borrowers, mortgage brokers, real estate brokers, real estate buyers and sellers, and business owners. Tyler has been a part of outside general counsel for the REALTOR® trade association and the for-profit multiple listing service, which included giving daily advice on homeowner issues. He has participated in National Association of REALTOR conferences and workshops dealing with all facets of homeowner issues. He lives in Colorado with his wife Tammy and their two children.

Product Details

• Paperback: 224 pages
• Publisher: Adams Media (September 1, 2007)
• Language: English
• ISBN-10: 1598692151
• ISBN-13: 978-1598692150
• Product Dimensions: 8.4 x 5.4 x 0.7 inches
• Shipping Weight: 9.6 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #948,821 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5 of 5 people found the following review helpful:

5.0 out of 5 stars Finally a clear Reverse Mortgage Guide, January 26, 2008

By 

J. Hermon (Oakland California) - See all my reviews
(REAL NAME)   

This review is from: The Complete Guide to Reverse Mortgages: Turn Your Home Equity into Instant Income! (Paperback)

I have tried to understand Reverse Mortages for quite some time from friends and neighbors, but felt as though I needed to take the next step and read a book. I'm glad I picked this one (actually recommended by a neighbor) as it was easy to understand, helpful and most of all, comprehensive.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Very Helpful Book, January 18, 2008

By 

Edward Mulvey (Colorado) - See all my reviews
(REAL NAME)   

This review is from: The Complete Guide to Reverse Mortgages: Turn Your Home Equity into Instant Income! (Paperback)

This book was so helpful in informing myself and my parents as to the options available for them. It was easy to read and easy to understand. It gave many helpful hints and helped us figure out if a reverse mortgage was approriate for them.

1 of 1 people found the following review helpful:

5.0 out of 5 stars Great introduction to Reverse Mortgages, December 10, 2008

By 

Geoffrey Smart (Denver, CO) - See all my reviews
(REAL NAME)   

This review is from: The Complete Guide to Reverse Mortgages: Turn Your Home Equity into Instant Income! (Paperback)

This book cleared up misconceptions I had about reverse mortgages. It was a great introduction and gave practical advice for anybody considering doing one. Well done.