Reverse Mortgages. Unlocking The Potential Of Your Home

by Richard Reed

Due to the growth in real estate values in most capital cities, many people now retire asset rich but cash poor. Sure, they could sell the house and move into a unit or move further 'out', but how many people really want to do this? They probably know their neighbours well, enjoy their surroundings and love their homes and gardens, and they very often resent having to make this decision. Banks are starting to realise this and are now offering a product called a 'reverse mortgage'. Put simply the bank offers to take back equity in your own home.The book is practical and totally unbiased and a must-read for anyone exploring all possibilities for funding a comfortable retirement.

Paperback

First published January 1, 2004

About the author

Professor Richard Reed (Ph.D) is the inaugural Chair of Property and Real Estate at Deakin University (Melbourne). He has conducted research into many global regions on a range of property related topics, has wide academic experience and has published extensively internationally. He is editor of the journal International Housing Markets and Analysis and has authored a number of property-related text.

Librarian note: There is more than one author in the Gooreads database with this name.

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