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  Sandwich generation -- 50s
Teens 20s 30s 40s 50s 60s 70s+ Home

Your mortgage

Depending on how long you've lived in your home or how quickly your home has risen in value, you could be sitting on (or living in) a great cash resource. At this stage of your life, are you pondering how to handle that? Here are some options.

Links:
Freedom from a mortgage -- a good thing?, Reverse mortgage lets seniors cash in without selling out, When mortgage rates are low, think refinancing, Time to tap your home's equity?, How cash-out refinancing works, Deciding between a home equity loan or a line of credit, Paying off your mortgage with a home equity loan, When NOT to refinance, Boost your home's value -- remodel!, Fix your home without breaking your wallet, Financing your fixer-upper, The lowdown on construction loans, Choose your own mortgage length, Do-it-yourself biweekly payments, A home equity line can bail out the unemployed

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Transitioning homes
For many people, this decade is one of change. Some folks think about downsizing their home; consider purchasing a second home; contemplate moving to an area where they'd like to retire or entertain thoughts about making career changes. Here are some money-wise strategies to guide your plans.

Links:
Securing the loan when you're buying a condo, Understanding bridge loans, Moving? Tips for comparing moving company estimates, Negotiate the best moving deal and understand the terms, Compare the cost of living between cities, How to finance a recreational vehicle, Are you cut out to be a landlord?

 

-- Posted: Jan. 20, 2003

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