{"id":587,"date":"2023-06-14T20:37:43","date_gmt":"2023-06-14T20:37:43","guid":{"rendered":"https:\/\/ocreverse.com\/?p=587"},"modified":"2023-07-27T13:23:24","modified_gmt":"2023-07-27T13:23:24","slug":"case-study-buy-a-2nd-home-in-cash-near-family","status":"publish","type":"post","link":"https:\/\/ocreverse.com\/webadmin\/case-study-buy-a-2nd-home-in-cash-near-family","title":{"rendered":"Case Study: Buy a 2nd home in Cash Near Family"},"content":{"rendered":"
Mr. and Mrs. Cook have 2 adult children. <\/span><\/p>\n One lives only a couple of mile away, the 2<\/span>nd<\/span> child lives out of state and has 2 children of her own. They would like to be able to see their grandchildren more often, but their daughters family does not have a spare room, or a comfortable place to stay.<\/span><\/p>\n They decide to take out a reverse mortgage on their home, and use the proceeds to pay cash for a smaller 2<\/span>nd<\/span> home near their grandchildren. Now they have 2 homes with no mortgage payments. The smaller 2<\/span>nd<\/span> home can be used for any purpose they wish. All family member visits, or even a short term rental if they wanted to make extra money while it is not being used.<\/span><\/p>\n We’d like to help you too! Why not request a quote, and we’ll give you some risk-free options to consider? Just fill out the form on the right and we’ll get right back to you. There’s no pressure – just a friendly chat and options to think about.<\/p>\n