“Hell NO”

“Hell NO”

 

 

Mr. Petrowsky,

Your name was given to me by my financial advisor. I have brought up the topic of doing a reverse mortgage and he told me you are the person I should talk to. Some basic info is that I am 71 and not in the best of health. I keep seeing ads about reverse mortgages and it seems to make sense, but want to talk to someone that knows more about it than seeing an ad on TV. At your earlies convenience can you give me a call a 413 XXX-XXXX.

 Don

 

 

This is definitely one of those cases, that because you see a commercial about reverse mortgages you think it may be a good idea. For sure not the case.

 

Sure, in some situations it may be a good idea, but most folks that I speak to, it makes no sense to do.

 

The simple answer for this scenario is that Don has enough assets to maintain the same lifestyle he has for years to come. A reverse mortgage is not needed.

 

Subscribe to my blog via Email:

 

Enter your email address:

Delivered by FeedBurner

 

Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 4 commentsJoe Petrowsky • March 13 2020 08:01PM
“Hell NO”
share
“Hell NO” Mr. Petrowsky, Your name was given to me by my financial advisor. I have brought up the topic of doing a reverse mortgage and he told me you are the person I should talk to. Some basic info is that I am 71 and not in the best of health… more
“I Get Concerned When Someone Says Don’t Worry”
share
“I Get Concerned When Someone Says Don’t Worry” The heart specialist was operating on the patient when he suddenly said, "Don't worry, Adam. This is a minor operation. Everything will be all right. " The patient replied, "Thank… more
“Love being Part of a Dream Home Search”
share
“Love being Part of a Dream Home Search” We’re back! I know it has been a number of months, but we are ready to find our dream ocean home. We searched for nearly two years and couldn’t seem to find the ocean front beach house that we were… more
“I Love these Puzzles”
share
“I Love these Puzzles” Hi Joe, Can you do a land loan for me? I want to buy 50 acres that abuts the home we currently own. The asking price for the land is $195, 000 and basically has no frontage, but we have 800’ in front of it. The… more
“Yes, We Can Work Together Again”
share
“Yes, We Can Work Together Again” Mr. Petrowsky, You did a pre-qualification letter for me in September, but unfortunately I didn’t do my mortgage application with you. I allowed my agent to influence me and use someone else, what a… more
“The Glorious Leader Visits a Pig Farm”
share
“The Glorious Leader Visits a Pig Farm” Kim Jong-Un visits a pig farm and has the obligatory propaganda photo taken. Later, three editors for the Pyongyang Times are facing the task of finding an appropriate caption. #1: "How about 'The… more
“LinkedIn Testimonials that Speak to my Clients”
share
“LinkedIn Testimonials that Speak to my Clients” Dear Mr. Petrowsky, I have been reading your blogs on Linkedin for a couple of years, have learned a lot for sure. I am ready to buy a home for me and my family. Your blogs have taught me a lot… more
“Many Ways to Accomplish Debt Consolidation”
share
“Many Ways to Accomplish Debt Consolidation” Hi Joe, It has been a few years since we have spoken. At the time you handled our home purchase, we need your assistance again. You may recall, we purchased our residence for $440, 000 and put.. more
“A Rancher turned weed farmer lost half a million dollar worth of his…
share
“A Rancher turned weed farmer lost half a million dollar worth of his Marijuana crop to Cattle” The rancher had tried a novel idea of planting Marijuana in the grazing range as cows normally don't eat Marijuana. Unfortunately for him the cows… more
“Refinancing NOT Always a Good Idea”
share
“Refinancing NOT Always a Good Idea” Hi, Joe, Thank you for reaching out as you were referred to me by my real estate agent. Long story short, I was wondering about refinancing rates on my mortgage in Vermont. My home has been for sale for… more