What is house rich cash poor?
Three forms of Home Equity Conversion
Why move into retirement housing?
Three Retirement options
A loan stock arrangement is where the tenant pays an interest free loan to sponsor of house project. Then it is refunded upon Death.
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Shared Equity is where the tenant buys a part of the dwelling and receives a portion of appreciation too.
T/F
Life Tenancy is where senior prepays rent on a unit in lumpsum. Price of tenancy is based on age, marital status etc.
T/F
What is a Life Lease?
What is good about life leases?