Reverse Mortgage Solution
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- Buyers go through prequalification which determines they qualify for a $389k Purchase Reverse Mortgage
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- Required down payment from sale of current home now is an easy $411k ($800k - $389K from Reverse Mortgage)
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- In addition they put $189k ($600k net minus $422k down payment) in the bank to enhance retirement lifestyle
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- Buyers are now motivated to list home with agent that showed them a path to their dream home