YOU ARE INVITED TO THE FIFTH INSTALLMENT OF OUR SENIOR SEMINAR SERIES!
PART FIVE: Reverse Mortgages and Fraud Prevention
Kip Bishop, owner of Senior Mortgage Solutions will share the benefits and risks of a Home Equity Conversion Mortgage–also known as a Reverse Mortgage. During this information-packed session, you will learn how seniors are using this unique mortgage option to improve their financial situation, eliminate mortgage payments, and even provide additional income allowing them to stay in their home. Seniors continue to own their home, can pass their home to their heirs and even protect their most valuable asset (their home) from Medicaid liens. Mr. Bishop will also address the common myths concerning this government guaranteed loan program.
Also featured will be Barbara Martin Worley, the Director of Consumer Protection at the 18th Judicial District Attorney’s office, who will provide her hands-on insight on how to avoid the present-day scams that target and attempt to exploit seniors. Today’s phone and computer technology make it especially easy for criminals to work their way into our lives and to walk away with thousands of dollars of our hard-earned money. Learn how to recognize common scams, such as extortion hoaxes, too-good-to-be-true scams, such as sweepstakes and sweetheart stings, and theft by dishonest contractors who deliberately target older adults and/or the neighborhoods in which they live. She will cover the common frauds and precautions everyone should take to protect themselves. Barb has worked in the field of elder fraud prevention for 30 years and has served as an executive director of a non-profit agency, a university instructor and manager, and fraud prevention specialist. Prior to coming to the 18th Judicial District Attorney’s office in 2013, she served as the consumer fraud prevention director in the Denver District Attorney’s Office.
Moving is complicated, and for many of The Steller Group’s clients who have been in their homes for 30-plus years, it is simply overwhelming. We have a streamlined process for helping our clients navigate the home search process, and we act as the primary point of communication in coordinating all our clients’ moving needs. We provide professional home staging services at no cost to our clients to ensure they achieve the best possible results from the sale of their home. Ranked by Keller Williams as the #1 team in Colorado for 2017, we are a team of trusted experts who work in concert to make the move as painless and straightforward as possible for seniors or their families.