You are here: Home Finances New Uses of ...
Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

1/1

Alternatives for getting money from your home include the following (each of which are discussed in detail in the documents listed in "To Learn More"):

  • Borrowing money with the home as security. This can be in the form of:
    • A mortgage.
    • Refinancing a mortgage to increase the amount of the loan.
    • Home Equity Loan (referred to as a "HELOC").
  • Renting all or part of your home.
  • Reverse Mortgage (like a mortgage, except the bank pays you a monthly amount of money; only for people age 62 and over).
  • Sale
    • A sale subject to a life estate (you sell the house but keep a right to live in the home for the rest of your life).
    • A sale and lease back (you sell the house but keep the right to live in it for a period of time under a lease).
    • An outright sale.

Please share how this information is useful to you. 0 Comments

 

Post a Comment Have something to add to this topic? Contact Us.

Characters remaining:

  • Allowed markup: <a> <i> <b> <em> <u> <s> <strong> <code> <pre> <p>
    All other tags will be stripped.