Real Estate

Seminars planned on reverse mortgages

ECHO Housing, a nonprofit housing counseling agency, will hold a free seminar at the Pleasanton Public Library in May on reverse mortgage opportunities.

A reverse mortgage is a loan against home equity that provides cash advances to a homeowner. No repayment is required until the end of the term, or when the home is sold.

ECHO representatives said that many of today's reverse mortgages allow homeowners to reside in their homes for the rest of their lives, even if they outlive the value of their homes.

Cherisse Baptiste, an Alameda County reverse mortgage counselor, will conduct the seminar, which will be held at 1 p.m., Wednesday, May 23, in the library's community meeting room at 400 Old Bernal Ave.

The seminar is free and will be open to the public.

For more information call Baptiste at 510-581-9380, ext. 19.


 +   Like this comment
Posted by California Mortgage
a resident of California Reflections
on Apr 25, 2012 at 11:24 pm

Great thought for the issue which is concerned with one third of any country population and it should be carried in future also

Web Link

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Another bad idea from the air board
By Tim Hunt | 20 comments | 2,709 views

Bidding My Training Dept. Goodbye
By Roz Rogoff | 4 comments | 595 views