This week, guest blogger, Bob O’Toole, President, Informed Eldercare Decisions, LLC, writes that,
Older adults looking for answers on how to make the most of their biggest financial asset—their home—now have a new educational tool at their disposal: www.HomeEquityAdvisor.org.
This user-friendly website is designed to help older middle-and low-income homeowners make sound decisions when using their home equity to achieve a wide-range of financial goals. It also helps when considering an immediate financial challenge or when planning ahead for the future.
HomeEquityAdvisor.org offers resources for people who want to:
- Use their home equity to take out loans
- Sell their home
- Avoid selling their home and preserve home equity
- Find respected and unbiased information on the topic
The site is managed by the National Council on Aging (NCOA) and is made possible by a grant from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation.