Posts Tagged “Seniors”
In our era of identity theft, title fraud costs Canadians $300 million annually. It’s a serious problem that often impacts older adults. What is Title Fraud? Title fraud occurs when someone other than the lawful owner transfers the property to themselves or obtains a new mortgage to pull cash out of the house. This leaves…
As you get older, you may realize that surrounding yourself with a lifetime of memories has a cost to you. Your home may be so cluttered that downsizing to a smaller house, senior apartment, or assisted living facility is an overwhelming project. Even if you want to stay in your current home, you may need…
When you are retired and have less income to meet emergencies, take vacations, or handle a big-ticket repair, keep in mind that you have a ready source of cash at hand: your house. Your home is likely the largest financial asset you have. You can put your home equity to work for you. You may…