Putting the house to work
Nature and animal lover Mark bought his “in the city but not in the city” home in 2002. Located next to a reservoir, he gets occasional visits from wildlife, like the snake that came and sunned itself beside his cat one afternoon. “I really enjoy my backyard. I sit out there quite a bit,” he says. All in all, “it’s just a really pleasant place to live,” he says. When Mark retired in 2013, he realized that the money he’d need to fund his retirement was tied up in the home he didn’t want to sell. A HomeSafe reverse mortgage loan from Finance of America has allowed him to keep the house and pay for some of his big-ticket retirement goals.