Currents
July 2019
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Executive Car Service
ONLINE RESERVATIONS
WWW.GO-AIRPORTSHUTTLE.COM
The Official Shared Ride Shuttle
and Express Service of the
Ft. Lauderdale/Hollywood Int’l Airport
Conveniently located curbside
outside baggage claim
FOR RATES AND RESERVATIONS CALL
954-561-8888
800-244-8252
just walk away rather than inherit a property where
the mortgage is higher than the value. Statistics indi-
cate that the foreclosure rate on reverse mortgages
is nine times the average for conventional mort-
gages.
Once you get a reverse mortgage, you will no
longer have any monthly mortgage payments; how-
ever, you will still need to maintain your home and
pay property taxes, insurance and monthly HOA. So
when would I recommend a reverse mortgage? I
have clients with no savings and living on their
monthly social security. If your quality of life is such
that you aren’t running your air conditioner in the
summer because you can’t afford the additional elec-
tric bill, and you have equity in your home, the
reverse mortgage may be a way to help you survive
and enjoy a better quality of life.
If you have children or other heirs that you want to
inherit your home, I would strongly urge you to dis-
cuss the issue with them before getting the reverse
mortgage. Otherwise, they are likely to be surprised
24 Hour Advance Reservations
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POMPANO BEACH
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