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Retirement Planning Services Brevard NC

See below to find local retirement planning services in Brevard that provide access to advice on saving programs, investing strategies, real estate planning, traditional pensions, and Social Security as well as advice and content on retirement calculator and creating a secure retirement plan.

Jon Green
Encompass Advisors, Ltd.
(828) 884-8840
10 Encompass Plaza
Brevard, NC
Expertises
Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Ongoing Investment Management, Tax Planning, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS, JD, MBA

Mr. James D. Fortune, CFP®
(828) 883-9513
PO Box 1055
Brevard, NC
Firm
Tax Deferred Services

Data Provided by:
Mr. Dean R. St. Marie, CFP®
(828) 884-5600
93 N Broad St Ste B
Brevard, NC
Firm
St. Marie Financial | LPL Financial
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Debt Management, Elder Care, General Financial Planning, Investment Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



Data Provided by:
Mr. Andrew C Stratton, CFP®
(828) 862-8075
1027 Richland Ridge Rd
Lake Toxaway, NC
Firm
Self-Employed
Areas of Specialization
Employee and Employer Plan Benefits, General Financial Planning, Investment Planning, Retirement Planning, Risk Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Ms. Lyn M. Wilson, CFP®
(828) 696-7474
PO Box 749
Hendersonville, NC
Firm
First Citizens Bank
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning, General Financial Planning

Data Provided by:
Mr. Jon R. Green, CFP®
(828) 884-8840
PO Box 88
Brevard, NC
Firm
ENCOMPASS Advisors
Areas of Specialization
Investment Management, Retirement Planning, Risk Management, Tax Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $500,001 - $1,000,000

Profession: Not Applicable

Data Provided by:
Ms. Anna Gay Winget Vasadze, CFP®
(828) 551-0321
190 Jay Bird Rd
Brevard, NC

Data Provided by:
Mr. George B. Lee, CFP®
(828) 884-2021
PO Box 645
Brevard, NC
Firm
George B. Lee, CFP(R), CPA
Areas of Specialization
Estate Planning

Data Provided by:
Thomas G. Komara (RFC®), CHFC, CLU
(828) 393-0215
101-B Chadqick Square Ct
Hendersonville, NC
Company
Komara Financial Concepts
Qualifications
Education: BA Gannon University
Years of Experience: 31
Membership
IARFC, SFSP, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Stocks and Bonds, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, BuySell, Compensation Plans

Data Provided by:
Mrs. Dollie Beddingfield Smith-Feldmeth, CFP®
(828) 393-1311
1620 Asheville Hwy
Hendersonville, NC
Firm
Dixon Hughes Goodman Wealth Advisors
Areas of Specialization
Asset Allocation, Banking, Comprehensive Financial Planning, General Financial Planning, Investment Planning, Retirement Planning, Sudden Wealth Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Data Provided by:

Retirement Income from Your Manufactured Home



Retirement Income from Your Manufactured Home
Wed 09/05/07 10:16:20 am
Enjoy the Equity You Invested

Whether seeking money to finance a home improvement, pay off a current mortgage, supplement your retirement income, pay for healthcare expenses, or just to enjoy life, many older Americans are turning to reverse mortgages. They allow senior homeowners to convert part of the equity in their homes into cash without having to sell their homes or take on additional monthly bills These loans are being viewed as alternative income for seniors who don't want to liquidate their stock and bond assets in a down market.

A reverse mortgage allows home owners aged 62 and older to receive a loan against their home -- either in the form of a lump sum, regular monthly checks or a line of credit -- that's repaid with interest when the borrower sells the house, permanently moves, or dies.

They were once branded predatory loans that preyed on vulnerable older people. For years, the market was dominated by products with convoluted pricing structures, high exit fees and out-of-control interest rates.

But they have gained more credibility in the last decade, tamed by legislation in the mid-1990s that required more upfront disclosures of costs. Plus, software that allows for objective comparisons of loan offerings has helped people get a handle on their options, said Bronwyn Belling, reverse-mortgage specialist at the AARP Foundation, a unit of AARP in Washington, D.C..

Adding to people's comfort levels, the first federally insured product was introduced in 1989. It now makes up about 95% of all reverse-mortgage sales.

In the last fiscal year ended Sept. 30, the number of reverse mortgages rose to a record 13,049. That's nearly double the previous record of 7,982 in 1999, and last year's total sales of 7,781, according to data from the National Reverse Mortgage Lenders Association, NRMLA, a trade group for reverse-mortgage lenders in Washington, D.C.

Today's borrowers seem to be using cash from reverse mortgages to pay down remaining debt on their traditional mortgages, and using the remainder to fund other retirement costs, said Jeff Taylor, vice president for senior products at Wells Fargo Home Mortgage in Greensboro, N.C. Seniors are seeking a combination of payment method -- lump sum and monthly check or line of credit and monthly check, he added.

The reason some homeowners turn to a reverse mortgage instead of a traditional home-equity line of credit is because debt payments, including interest and other costs, are stalled until a later date, usually when the owner dies. Few out-of-pocket costs can be a huge lure for income-strapped retired people.

But as more people become aware of the potential benefits of a reverse mortgage -- a trend that is expected to continue as the population over the age of 62 expands -- they should also be aware of the drawbacks.

A Reverse Mortgage is a loan that is gua...

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