One very important thing I didn't hear mentioned is that money from RMs is non-taxable which means if you're property tax exempt due to age and lower income as I am here in Alabama, the $ from a RM won't affect your property tax exemption status.
Let's face it, Dave Ramsey seems to have unsubstantiated biases towards Reverse Mortgages, which is unfortunate because many individuals that would otherwise benefit from this financial product (like myself) are often lured away (perhaps unintentionally) as a result of listening to inaccurate information. My advice to any serious prospective consumer interested in obtaining a Reverse Mortgage would be to go beyond this one man's opinion by doing your own due diligence (by becoming educated) in order to factually determine if a Reverse Mortgage is right and beneficial for you.
If you want a free Reverse Mortgage guide, you can download it here - linktr.ee/emmettmortgage
One very important thing I didn't hear mentioned is that money from RMs is non-taxable which means if you're property tax exempt due to age and lower income as I am here in Alabama, the $ from a RM won't affect your property tax exemption status.
Great Point
Really great video love the editing and ease of watching!
Thank you!
Awesome video! I’ve got a couple of these in my pipeline right now. They are great, my clients are thrilled and I agree with you 100% on this!
Thats good to hear. Thanks for watching!
Hey Emmett, fabulous video as always and thanks for turning me onto Nathan, which I’ll be contacting soon for a reverse mortgage
Glad to hear it. And thank you. 🙏
Let's face it, Dave Ramsey seems to have unsubstantiated biases towards Reverse Mortgages, which is unfortunate because many individuals that would otherwise benefit from this financial product (like myself) are often lured away (perhaps unintentionally) as a result of listening to inaccurate information. My advice to any serious prospective consumer interested in obtaining a Reverse Mortgage would be to go beyond this one man's opinion by doing your own due diligence (by becoming educated) in order to factually determine if a Reverse Mortgage is right and beneficial for you.
100% Agree. Thanks for watching and the comment!