What is a reverse mortgage?? Do I want it?

By Doc Schmyz

If you have not already heard the term reverse mortgage, it sounds like a strange thing. Reverse mortgages are becoming more and more popular these days, but are they scams or are they legitimate?Is it really possible to sell your house back to the bank and still retain the deed to it? Will the bank really pay YOU the mortgage payments? Let's review what a reverse mortgage is so these questions can be answered.

The name is somewhat misleading. A reverse mortgage is a loan that is structured like a mortgage, with YOU as the lender and the BANK as the buyer. In the U.S., homeowners wanting to initiate a reverse mortgage must be at least 62 years old, and own all or most of their home. The qualifications may differ in other countries. These backwards mortgages are usually performed through a bank or broker. The senior citizen homeowner essentially sells his or her house to the bank, in return for receiving periodic mortgage payments. Sometimes the payments can be structured as a lump sum, line of credit, or a combination of the three methods.

So what are the benefits to a reverse mortgage? First it provides a constant and dependable stream of retirement income. Many retirement plans such as 401(K) or Individual Retirement Accounts (IRA) generally increase in value, but are still tied to stock market interest rates. The amount of money they provide during retirement can vary. Social Security, Medicare, and other U.S. government programs have endangered funding, so they may not be reliable sources of income. A reverse mortgage can supplement a senior citizen's income. The amount depends on the homeowner's age, equity of the house, interest rate on the loan, closing fees, and a few other factors.

One very common misconception about the reverse mortgage is that the bank eventually takes ownership of your house. This is not true! The deed remains in your name throughout the entire term of the process. Note that there is interest on the loan payments, but it is deferred until the loan is repaid.

The homeowner can remain living in the house during the entire term of the reverse mortgage. The loan becomes due when the homeowner moves out, or becomes deceased. At those times, the survivors/heirs can repay the loan themselves if they want to keep the house. They can also sell the home and repay the loan plus the interest in full. The money paid to the homeowner as mortgage payments must be repaid to the lender when the loan becomes due.

These mortgages can provide much needed financial support during retirement. It is a time when medical costs are likely to increase, as well as unexpected costs can creep up. Use a reverse mortgage to help yourself to gain the financial security in retirement that you worked so hard to achieve. - 23221

About the Author:

Doc Schmyz has worked with investors all over the US. He owns a free website that shares Real estate investing information for all over the US. Find Real estate investing information by state

Flexible Retirement as a Business Owner

By Paul J. Easton

Are you looking for ways to invest your hard-earned money? Why not start with small yet effective ways to secure your early retirement soon. Why not consider opening a self-directed IRA?

Guidant Financial offers a special tool with the feature to set up and manage your very own IRA. This flexibility enables you to use your retirement funds as capital to start a business.

The popularity of self-directed IRA at the beginning of the millennium is the driving force behind the growth of Guidant Financial. From being a start-up business in 2003 to a market leader by the end of 2008, this company truly found its niche and perfected it. Amidst the struggling banking and financial sector all over the world, this company remained strong due to continuous research and innovation in their products especially in financing small businesses. This steady growth of the company facilitated to an even more trusted brand and a better support to their more discriminating customers.

Self-directed IRA gives you much more control with your account compared to the traditional IRA. In a traditional IRA, you let somebody manage the funds you invested in and you just get the rewards after your retirement. With the information age however, a lot of corporate soon-to-be retirees are diverting to IRA with more control. Some of these competent and intelligent investors don't simply rely to a funds manager which gets mediocre results.

This leads to Guidant Financial offering you more control with their self-directed IRA model. You are given the opportunity to fully direct where your funds will be invested and even get some education in the process. Self-directed IRA holders typically venture in real estates or small start-up businesses. You can even take advantage of having personal loans.

Guidant Financial lets you invest your retirement funds to a business venture where you can eliminate incurring distribution penalties. That's a great tool because it is like working to grow your own business and looking forward to have a direct impact on the value of your IRA.

This is however not for the faint-hearted employees. Some people are not that business-minded to start a franchise or a small scale business. Not to mention the current economic meltdown, everybody is just afraid to invest.

Many individuals invest in their IRAs to become secure later in life. That's why Guidant Financial selects the clients they work with and only offers this instrument to the select few who are inclined to maximize their potentials.

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Day Trading Robot Analysis

By Jeff Grape

In the stock market people are scrambling to get every advantage that they can. Markets are down 40% from the highs just a year ago. Can America be facing financial turmoil, a long recession or one of the best buying seasons in history?

The market has been seen as extremely volatile. Stock investors to see this as a perfect way to watch your portfolio shrink to fast to bear; also its a time to watch your portfolio explode with significant gains. I have been a witness to gains of 200-300% in very short time!!

In the past history has told us many things about recession and based on the trend of history I like to keep a keen eye on. With each major downturn in the market there is always a rebound, and this rebound first show up in the penny stocks. Penny stocks are known for a turnaround before the entire market.

How do I find the best penny stocks to buy? This is a huge question to ask. Penny stocks have gained a potential to capture a huge return in your investment.

With hard times at hand you need any advantage you can get. In pursuit to find the greatest penny stocks I found an interesting robot named MARL. It may be hard to intake this information, but I have had terrific results from using this robot software.

When choosing a good trading robot, it should have a unique blend of programming software combined with detailed instructions to evaluate data. When thousands of fields of data (public traded stock companies) are imputed the trading robot will create data in relation to specific algorithm. The robot MARL has proven to be such a high and valuable robot. The results have been a jump of 353% in only two days, while the other made a four-day profit of around 50%. MARL has made him self public and with two live stock picks.

Using MARL to its full potential may not be so easy. It like any good team is not much without a great coach, a day trading robot is no much without a wining formula. The formula has to have specific parameters that the software can read stock data. The formulas are closely guided secrets and very valuable.

The robot MARL is known as one of the greatest achievements in software programming. Behind Wall Street are some of the utmost minds that have given us the opportunity to use MARL like in prior years. A Mr. James Kelly is releasing stock picks in the form of a newsletter called, Day Trading Robot - 23221

About the Author:

Corey Huff has been intrested by the penny stock trading software market. He has researched a specific penny stock trading robot called the daytradingrobot.com. You can find more information on Corey's research at TradingRobotReview.com

Finding the Best Forex Trading Robots on the Web

By John Dean

Getting into online forex can really be risky, most especially if this is your first time. It will be better for you to try some tools that can help you out with your venture. You can get these tools on the net. Just make sure that you examine them carefully before deciding which of them you would avail. It?s either you get something which will not work for you or worse, you might get scammed.

If you are new to this field, it will serve you best if you will check on the best forex trading robots out there. These tools are designed to bring solution to your online forex concerns. The software can help you a lot when you do foreign exchange online. Trading can be done with ease and convenience. Another good thing about it is that it will work even when you?re not online. It can analyze every transaction. It can also decide on its own.

The best forex trading robots will manage your online forex business for you. Even when you do not check your transactions too often, you can rest assured that it is doing its job, as it is designed to work automatically.

As much as possible, do not launch the robot officially when you are still not familiar with it. Try out a demo first where you will be allowed to transact with it using virtual money. This is just to allow you to see how it works first. You will need to sign up for a demo account if you want to be able to do it.

If you are eyeing something which you think is the best forex trading robot, do not just give into your instinct. Check it first and try it out. Some products have great ads but once you?ve tried them, you will know that they are not the ones they are claiming to be.

When it comes to finding an excellent trading robot, you must also look into the reliability of the creator or the trading software programmer. As with any other type of software, the credibility of its creator plays a major role. You can search for a few testimonials so you will have enough proof if the robot programmer has made an exceptional type of software, or one which has been valuable to other traders in the past.

Make sure also that the company offers a money back guarantee. This is for your protection. Do not purchase a product that does not have this. This is one of the characteristics that the best forex trading robot should have.

Click on my web linker if you want to know where the best forex trading robots are. - 23221

About the Author:

Make successful trades 9 out of 10 times using our recommended forex expert advisor today. Click here to find out more!

Government Acquired Properties & Surpluses = Great Deals

By Clifford Carr

Seized properties and government surpluses are sold through government auctions to the public for low prices as determined by a bidding process. There are government auctions consistently held all across the United States and Canada. No matter where you live, there will likely be government auctions held near by.

Surplus inventory sold at government auctions come from the federal, state, and local governments. Often the government has a large surplus of unneeded items, and will liquidate them to the public at one of their many auctions. This can happen often as the government's equipment requirements are constantly changing.

Items found at government auctions can also come from businesses that have gone bankrupt. Many of these items found at government auctions can include furniture, computers, electronics, furniture, and miscellaneous equipment. Most people don't think of these types of items at a government auction, however, it's where you can get these types of used items the cheapest.

Seized properties can consist of foreclosures, bankruptcies, criminal properties, etc. These properties can also be purchased at government auctions. Depending on the circumstances the police may seize property if the owner is sentenced to jail.

A property is considered abandoned if the owner dies and has no known relatives alive to inherit, or if the owner walks away from it for whatever reason. This can happen if the owner feels the house is worth less then he currently owes. This has been happening quit often lately in a declining housing market.

You can find out where and when government auctions will be held in your state by searching the internet. There are many membership sites that will offer you details on the abandoned properties, seized properties, and government surplus items that will be offered at your local government auctions.

To determine which sites are legitimate it is highly recommended that you visit a government auction review site beforehand. This will educate you on which sites provide the most opportunities that government auctions can provide. - 23221

About the Author:

To find the top government auction sites click government auctions review or more directly click Seized Property, Government Surplus, and Abandoned Property