Reverse mortgage eligibility and its criteria

Reverse mortgage eligibility and its criteria
As you approach retirement, most of your money has been invested in your home. A reverse mortgage is an excellent way to tap into your home’s equity. If you have paid off a home loan or have only a small amount to be paid, it is a good option to meet various financial goals. Here are the criteria for reverse mortgage eligibility: Personal criteria Age You must be 62 years or older, to apply for a reverse mortgage. Generally, as you grow older the Home Equity Conversion Mortgage (HECM) amount increases. Property The home should be your primary residence, and you need to live there for the entire duration of the reverse mortgage. Rental properties and vacation homes do not qualify for such mortgages. Home equity You should be the owner of your home outright or possess a minimum of 50% home equity. There is a possibility that you may qualify for a reverse mortgage despite having some outstanding balance on your existing home loan. However, the criterion is that you must first pay off the remaining mortgage from the sanctioned amount and meet other liens. The balance funds may be used for any other purpose. Using a reverse mortgage to refinance existing debt is beneficial in reducing your monthly cash outflows.

5 Black Friday mistakes to avoid this shopping season

5 Black Friday mistakes to avoid this shopping season
Black Friday is around the corner, and so is the excitement to bulk shop at economical prices. Now is the time to get your hands on products that have been sitting on your wish list. However, the number of deals and limited time can be challenging. Besides, there’s also the issue of falling into typical holiday shopping pitfalls. But all this confusion can be avoided by engaging in necessary research and being adequately informed. Black Friday mistakes to avoid this holiday season Before venturing into Black Friday shopping, it is essential to acquire some important information regarding the dos and don’ts of Black Friday bargains. This is because without knowing the precise typical missteps made during Black Friday shopping, customers can easily fall into the traps of duplicitous bargains. So, here are a few typical Black Friday mistakes customers must avoid this holiday season: Not having a spending plan Some customers prefer to keep a specific amount of cash to set a limit on their spending spree. However, carrying too much cash may make them vulnerable to thieves, or they may just lose it somewhere. On the other hand, not bringing enough of it can make them lose the lucrative deals they have been seeking for so long.

10 anticipated deals on home security systems for Black Friday 2022

10 anticipated deals on home security systems for Black Friday 2022
During the Black Friday sale, you can enjoy big discounts on various products, including home security systems. A home security system is a smart device that protects homes from burglary and prevents crime. Since it is an expensive technology, the holiday sale is the best time to get it when retailers offer price cuts. Below are some of the best home security deals to expect in 2022 from top brands. Abode Abode is known to reduce the prices of its starter kits, cameras, and security system components during the year-end sale. This time, too, there may be a lot of discounts. Its iota All-in-One Security kit currently sells for $245, 26% off its original price of $329. The cost may drop further during the sale period. Some other Abode products to check out are the Smart Security kit and Abode Cam 2. SimpliSafe SimpliSafe’s discounts help people save money throughout the year. Ahead of Black Friday, its home security systems are selling at a discount of around 40%. Besides other products, you can expect to see its newly launched Wireless Outdoor Security Camera appear in the sale. Early shoppers may get 45% off security systems for a limited time. ADT While this year’s deals are not out yet, expect to get the newest and best-selling ADT security cameras and video doorbells from SafeStreets at the lowest prices during the Black Friday sale.

10 exciting 2022 Black Friday deals on smart home devices

10 exciting 2022 Black Friday deals on smart home devices
Smart devices are indispensable gadgets in homes that make people’s lives as hassle-free as possible. However, these products can be expensive, so big shopping events make for the perfect opportunities to get these devices for your home. One such event, Black Friday, is just around the corner, wherein brands offer attractive discounts on smart home devices. So here are 10 Black Friday deals on smart home devices that you can check out this shopping season: Google Nest Cam Outdoor This device is weather resistant, making the camera suitable for outdoor installation with an internal battery that eradicates the hassles of running on wires while connected to Google Assistant. Additionally, a 1080p sensor with night vision makes it an excellent purchase to monitor your front and back yards. You can get a pack of two latest Nest Cam Outdoors by Google at a discount of over $100. Echo Show 10 Save up to $50 on this latest Echo Show Alexa Smart Display version, which comes with a 10.1-inch screen, the ability to follow the owner on video calls, and many more exciting features. Aqua Smart Water Controller by Eve Launched in early August, expect lucrative offers on this latest addition to the Eve family.

Top 10 Black Friday 2022 deals on smart home devices

Top 10 Black Friday 2022 deals on smart home devices
Whether you want to add smart decor to your home or upgrade the existing technology, smart home devices are the perfect modern pieces. These gadgets can help you ensure safety and effortlessly perform daily activities. The Black Friday sales serve as the perfect time to make these new additions and elevate your gadget game. So here are the top 10 smart devices that you can add to your space during this holiday season: Nest Audio The first on the list of smart home devices is Google’s smart speaker, which offers crisp sounds, lets you enjoy music, and connect with friends and family. It also has built-in privacy features that let you customize settings such as the search history. During the Black Friday sale, you can expect to get the device at a discount of $40. Nest Doorbell This device is also offered by Google. It is a battery-operated two-way video doorbell that provides intelligent alerts, high-definition resolution, and a 145-degree field view. It does not require any wires and can be installed without any external help. The product is also expected to be available at a discount of $50 during the holiday sales. Amazon Echo (4 th gen) The Alexa-enabled speaker system offers a rich and clear sound that automatically adapts to the size of the room.

Top 8 deep cleaning products every home must have

Top 8 deep cleaning products every home must have
A clean and tidy home contributes to the general well-being and overall health of its occupants. While hiring professional services is an option, many individuals prefer to try deep cleaning tasks themselves. To achieve professional-level results, one must have the right tools and products. Some commonly suggested products for cleaning home spaces are listed below. These products are widely recognized for their effectiveness in managing cleaning challenges and achieving a sparkling clean home. Baking soda Baking soda is a versatile and affordable cleaning agent that most professionals suggest. Its mild abrasive properties make it ideal for scrubbing tough stains, eliminating odors, and deodorizing carpets. Glass cleaners Having glass cleaners handy can help achieve streak-free, crystal-clear windows and mirrors and instant riddance from spills on glass table tops. Specially formulated to remove smudges, fingerprints, and dirt, glass cleaners leave surfaces sparkling without any residue. Paired with lint-free cloths or microfiber towels, they bring shine and clarity to glass surfaces. Rubber gloves Rubber gloves protect hands from harsh chemicals and provide a better grip while scrubbing and handling cleaning agents. One can opt for durable, high-quality rubber gloves that offer comfort and protection during deep cleaning. Extendable duster A versatile extendable duster can be used to reach high and difficult-to-access areas in the house, especially while removing dust and cobwebs from ceilings, ceiling fans, light fixtures, and tall furniture.

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5 early Black Friday deals to expect this year

5 early Black Friday deals to expect this year

Black Friday might be a couple of months away, but you need not wait until then to begin your annual shopping. Many retailers start advertising discounts weeks before and pick up the pace around Thanksgiving. To help you save time and money, here are five early-bird Black Friday deals that might be available sooner based on last year’s trends. Start shopping early to enjoy faster shipping and lesser supply issues! Save big on tablets, phones, and smartwatches Smartphones, tablets, and smartwatches are great items to gift loved ones during the holiday season. With Black Friday approaching, get ready for some exciting deals on these products from the top brands and retailers like Amazon, Best Buy, Target, and Walmart. You will find never-seen-before deals in stores and online that you can check out. Brands like Motorola, Samsung, and Apple offered over $100 off their best-selling phones last year, and you can expect better deals for 2022! But remember that the items on sale change regularly, so check the sites frequently to avoid missing out. Incredible deals on games, gaming laptops, and accessories Get the best savings on gaming accessories when some fantastic deals go live in a few weeks. There might be a massive price drop on games for PC, Xbox, and PS5.
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50 Black Friday 2022 sales to check out

50 Black Friday 2022 sales to check out

This year’s biggest Black Friday specials will likely offer some of the most substantial cuts ever across a wide range of popular businesses and brands. Stores are working hard to offer seasonal items and avoid supply chain problems. While major shops are expected to offer great bargains, it is essential to buy with local businesses, especially in the post-pandemic era. Based on the discounts offered last year, here’s a look at what you can expect this year. Nordstrom Nordstrom could offer up to 50% off hundreds of selected goods from leading brands, as was the case last year. Longchamp items, such as the Le Pliage Cuir Leather Shoulder Bag, were discounted by 20-30%. Kiehl’s skincare sets The Daily Hydrating Skincare Gift Set was discounted at $48 (original value $66), which includes full-sized versions of two Kiehl’s classics: Ultra Facial Cream with Squalane and the renowned Avocado Eye Cream, suitable for everyone. Home Depot Refrigerators Home Depot previously offered up to $900 off refrigerators. Refrigerator discounts of up to $900 are available at Home Depot on some of the greatest brands in large appliances. Shop for Black Friday deals on Samsung, LG, and Whirlpool appliances. Amazon Amazon has some of the best discounts, and the Black Friday sales are chock-full of must-haves!
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