The New Reverse Mortgage Formula: How to Convert Home Equity into Tax-Free Income »

TOM KELLY is a former real estate editor for the Seattle Times. He currently writes a nationally syndicated column and hosts a nationally syndicated radio program. He is recognized by the National Reverse Mortgage Lenders Association as a leader in explaining and detailing reverse mortgage products to consumers. With The New Reverse Mortgage Formula, he provides an innovative, commonsense guide for unlocking critical cash for seniors, creating a financial strategy for baby boomers, or building a pool of funds to pay for future healthcare.

The host of the Seattle radio show Real Estate Today shares his expertise on the misunderstood financial tool of a reverse mortgage. Treating this option for homeowners of the baby boom generation nearing retirement, Kelly explains its evolution, benefits, costs, uses, and other considerations. The guide includes recommended readings, sample amortization schedules, and resources (national and state). Annotation ©2005 Book News, Inc., Portland, OR