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VREP #360 | Reverse Mortgages & the Great Generational Wealth Transfer with Marci Deane

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Manage episode 356223581 series 1366275
Content provided by Adam and Matt Scalena and Matt Scalena. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam and Matt Scalena and Matt Scalena or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

$373.3 Billion. Big number, right? That is the total value of mortgage-free real estate holdings in Metro Vancouver as of 2021. And 55% of that insanely large number is controlled by those between the ages of 55 & 74. In other words, Vancouver Boomers are real estate rich & their children will be the ultimate beneficiaries. But what good is all that equity if it is tied up in clear-title real estate?

Mortgage Broker Marci Deane sits down with Adam & Matt to discuss strategies that allow homeowners to tap into that equity potential - whether to use as gifts for downpayments, to invest in other real estate, or to just live your best life. So, if you have a lot of equity in your home, now is the time to give Marci a call. And if you are a Millenial struggling with a downpayment, now is the time to share this podcast with mom & dad. Your [Parents] are Richer than You Think!

  continue reading

429 episodes

Artwork
iconShare
 
Manage episode 356223581 series 1366275
Content provided by Adam and Matt Scalena and Matt Scalena. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam and Matt Scalena and Matt Scalena or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

$373.3 Billion. Big number, right? That is the total value of mortgage-free real estate holdings in Metro Vancouver as of 2021. And 55% of that insanely large number is controlled by those between the ages of 55 & 74. In other words, Vancouver Boomers are real estate rich & their children will be the ultimate beneficiaries. But what good is all that equity if it is tied up in clear-title real estate?

Mortgage Broker Marci Deane sits down with Adam & Matt to discuss strategies that allow homeowners to tap into that equity potential - whether to use as gifts for downpayments, to invest in other real estate, or to just live your best life. So, if you have a lot of equity in your home, now is the time to give Marci a call. And if you are a Millenial struggling with a downpayment, now is the time to share this podcast with mom & dad. Your [Parents] are Richer than You Think!

  continue reading

429 episodes

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