American C.E. Institute, LLC. Presents:
The Sleeping Giant of the Senior Real Estate Market: The HECM for Purchase
•10,000 Baby Boomers turn 62 years old every day
•A potential market in the tens of millions
•Record low rates of returns on savings, CD’s and annuities
•Heavy losses taken in portfolios for the last several years
•The option of retiring with no mortgage payment “out of reach” for so many now
Or is it?
Introduced in 2009 as part of the Housing Economic Recovery Act (HERA) the HECM for Purchase allows clients 62 years of age and above to purchase their dream retirement home without the obligation of a monthly principal & interest payment. This is a permanent FHA purchase money program.
Today’s highly volatile economic times make this mortgage product as timely and relevant to our senior market as any product in the history of the real estate or mortgage industry.
•Realize the increase in your sales and listings when you are educated on this product.
•Imagine marketing homes with no monthly principal & interest payments
•During this 60 minute powerful session you will learn:
•To separate myth from reality on this incredibly powerful selling tool
•The necessary down payment required
•The built in safeguards to this product not available in the past
•The moral and ethical implications of offering this product to your clients
Brokers - This will be a great too to play at your next sales meeting!