Reverse mortgages offer homeowners aged 62 and older a way to access their home equity, providing financial relief without having to leave their property. While these Home Equity Conversion Mortgages (HECM) can eliminate monthly mortgage
I recently heard from two homeowners. One said, “I’m keeping this house for my children – but I don’t know if that’s the wisest decision.” The other asked, “Do we leave the house to our
After reviewing various alternatives and different courses of action, I am often told that their decision is to not sell the property because of the tax consequences.
Proposition 19 provides expansion and qualifications regarding limitations on property tax increases for people over 55, severely disabled, transfers of certain inherited properties, or victims of wildfires or other natural disasters.