Throughout September, Jim Chapman Communities hosted Meet and Greet programs at three of its five metro Atlanta active adult communities to bring together current and prospective homeowners to meet one another and learn about reverse mortgages. Jim Chapman Communities teamed up with their partners at Wells Fargo Home Mortgage to offer the educational events on creative mortgage programs for those ages 62 and up.
“Using a reverse mortgage to purchase a home ensures that the homeowner never has to make a payment for as long as they live in the home,” said Bob Glezen, Reverse Mortgage Specialist for Wells Fargo. “It allows those who are 62 years old or older, to bring a down payment to closing and use the reverse mortgage for the balance of the financing.”
While a reverse mortgage program may not be right for everyone, it can be a great option for those who want to begin living a maintenance free lifestyle now without struggling to sell their current home in a less than ideal marketplace. “Jim Chapman Communities prides itself on offering their customers solutions to problems they may face in the selling of their current home, said Jim Chapman, President of Jim Chapman Communities. “We see the importance of informing prospective homeowners about the different financing options available to them and encouraging them to not give up on the sale of their current home in this tough economic environment. These events were very informative and I certainly learned a lot about this exciting form of financing and how it can potentially help those customers wanting to start living the Jim Chapman Communities lifestyle today.”