Boom Movers: Keep On BoomMovin'
You have the opportunity to explore a home-buying option designed for individuals aged 62 and older, allowing you to afford a dream home near your family without the burden of traditional mortgage payments. Just like the TV families from the '70s that made you appreciate the value of togetherness, this program helps you stay close to your loved ones and create new memories. By selling your current home and using this option, you can increase your purchasing power, with mortgage payments deferred or optional. That means more time and financial freedom to spend on family adventures—just like the ones you grew up watching. It’s your chance to get closer to your own "bunch" and start a new chapter filled with stories you’ll cherish.
Video Transcription
EVP Tom Evans
Picture the bell bottoms, or the football into Marsha's nose, or Peter overflowing the washing machin,e or Sunshine Day. Or maybe you want to think about Danny playing the drums, and David Cassidy's groovy locks, or the Partridge Bus rolling on by, or" I think I love you, but what am I so afraid of"? I'm afraid I shouldn't be singing on these videos, but these are just a few of our favorite TV families from the seventies and through all their crazy misadventures, they filled us with an appreciation for family, even unconventional ones. So I have a question for you. Are you lucky enough to live close to your bunch? If not, and maybe because you don't think you can necessarily afford to move closer to your loved ones, at least not in the type of house that you've earned for yourself over the years. So what if I told you, you could be singing I'm on my way back home to your kids and grandkids, that you might be able to buy your dream home close to your family with potentially hundreds of thousands of dollars more in your home buying budget than you think my parents did it?
If you sold your current home, yes, you'd be able to use those proceeds to buy a new house. But with our 62 plus home buying options, you could potentially afford a house worth much more than the available cash you'd have after the sale, and you don't have to make any conventional mortgage payments. Instead, you could opt to defer your payments or make them completely optional. So that means that other than your taxes and your homeowner's insurance every month, you're not on the hook for any monthly mortgage payment, even though you got all those thousands of dollars of extra purchasing power. Instead, you could be spending that cash on making memories with your loved ones, even if you decide not to form a musical group and wear Spangly outfits. So come on, get happy being closer to your little band. Sorry about the singing. You owe it to yourself. You can explore this like the Brady's Explore Hawaii and make a new series of stories with your family. So learn more@boommovers.com and keep on watching for more groovy strategies for buying a home at 62 and better.
Is a Reverse Mortgage Right for You?
At Fairway, we understand that each of our customers has unique needs, and sometimes a reverse mortgage loan is the best fit — and sometimes it is not. If you’re interested in learning more about reverse mortgages and whether one might be a good fit for your situation (or a loved one’s situation), Fairway can help.