BuzzTipper Logo
By Craig Johnson

Reverse Mortgage Pros and Cons

The controversial loan product does have sensible uses and lets homeowners enjoy the equity they have built up without selling.

gg
What Is a Reverse Mortgage? An ordinary mortgage is when you borrow money to buy a home. From the first dollar you pay on the loan principal you start building equity, a fancy term for home ownership. A reverse mortgage is a loan product that generates payments to you based on your home's value and defers loan repayment until you move, sell, or pas...
Next (9)

FHA Gift Funds: Rules and Guidelines You Need to Know

FHA Gift Funds: Rules and Guidelines You Need to Know

Does HOA Include Water and Sewer? Understanding HOA Fees

Does HOA Include Water and Sewer? Understanding HOA Fees

CEMA Loans: How to Save on Mortgage Taxes in New York

CEMA Loans: How to Save on Mortgage Taxes in New York

Using a HELOC for a Down Payment: Pros, Cons, and Alternatives

A HELOC allows you to fully control how you get cash and is a temporary line of credit against the equity in your home. It is a fine option, although it may not be the best for every homeowner wishing to withdraw on their equity line. In case you’re wondering, “Can I use HELOC for down payment?” then yes, While HELOCs can be used for down payments, such an option may not always be considered ideal for the homeowner. Get A Free Mortgage Quote Getting to better understand HELOCs by weighing

The Biggest Potential Problem with an Escalation Clause Is That It… [Explained]

The Biggest Potential Problem with an Escalation Clause Is That It… [Explained]

Remote Closing on a House: How It Works and What to Expect

Remote Closing on a House: How It Works and What to Expect

Getting a Mortgage Without 2 Years of Work History: Is It Possible?

Getting a Mortgage Without 2 Years of Work History: Is It Possible?

Do Closing Costs Include Realtor Fees? Breaking Down the Expenses

Do Closing Costs Include Realtor Fees? Breaking Down the Expenses

What’s One Way to Avoid Procuring Cause Disputes? Tips for Buyers

What’s One Way to Avoid Procuring Cause Disputes? Tips for Buyers

What Is Escrow Disbursement? How It Works in Real Estate

What Is Escrow Disbursement? How It Works in Real Estate

When Is the Best Time to Install Solar Panels? Seasonal and Financial Factors

When Is the Best Time to Install Solar Panels? Seasonal and Financial Factors

Solar Lease: How It Works and Is It Worth It?

Solar Lease: How It Works and Is It Worth It?

How Much Power Does a House Use? Average Energy Consumption Explained

How Much Power Does a House Use? Average Energy Consumption Explained

How Many Solar Panels Can Power a House? Factors to Consider

How Many Solar Panels Can Power a House? Factors to Consider

How Many Batteries to Power a House? Backup and Off-Grid Solutions

How Many Batteries to Power a House? Backup and Off-Grid Solutions
Court & Criminal Records

How Long Does a Misdemeanor Stay on Your Record?

Even though a misdemeanor is a minor violation, it is still considered a criminal offense and will appear on a person's record.
Background Search Basics

How Long Do Background Checks Take?

Discover how long a background check typically takes and what you can expect during the process.
Background Search Basics

What Do Employers Look for in a Background Check?

Know what employers look for in a background check so you can be prepared.
Relationships

Find Hidden Social Media Profiles

Put on your sleuthing cap and deploy these 5 tried-and-true tricks to uncover hidden social media profiles.
Safety

Defeat Porch Pirates: Tips for Avoiding Package Theft

Package thieves get bolder and smarter every day. Here's how you can outwit them and stop them from stealing your package.
mortgage