Everything You NOW Need to Know about Reverse Mortgages: Learn the Updated Rules and their Use as Fiscal Planning Tools

SKU: REL1700N Back to Course Listings
This course is only available in CD, DVD, or USB Stick format.
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About This Course

Learn from an expert in the field the real facts behind reverse mortgages. Understand the rules, who qualifies, the advantages as well as who should not apply for one. Hear how recent changes effective September 30, 2013 have impacted the viability of reverse mortgages and transformed them into a true financial planning tool. Some of the topics to be discussed include: - Background of reverse mortgages - What is a reverse mortgage? - Options and eligibility - Obtaining the funds and what they can and can't be used for - Process of getting a reverse mortgage: application: eligible properties; trusts and life estates; underwriting; closing; funding and servicing - Pitfalls of reverse mortgages - Alternatives to reverse mortgages - Advanced uses of reverse mortgages

*This course qualifies as a Transitional course but can only be taken by Newly Admitted attorneys in NY that have a special exemption from the requirement that skills and ethics credits be taken in an approved live format. This course can be taken by all Experienced NY attorneys.

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