Welcome to Real. Life. Local where we  keep it real. We will discuss Real Estate,  life, Health , Wealth, and local things happening in Charlotte, NC and surrounding areas.

Hi, I'm your host Adam Sellars, a Productivity Coach and Licensed Realtor in the Charlotte, NC Area. Welcome back! In this two part series we will spend time debunking 8 myths about REVERSE MORTGAGES and how they can be a WIN-WIN for all.  I sat down with two amazing gentlemen. Neil and Derek from Fairway independent Mortgage we took a deep dive and found EDUCATION and COMMUNICATION are the keys to UNDERSTANDING A REVERSE Mortgage. I look forward to helping you GET EDUCATED and to hear these two passionate and amazing GENTLEMAN Debunk the MYTHS. And as always I am excited that you have decided to choose us again and thank you for listening don't forget to subscribe and like our podcast for future episodes.

A quick recap from Part 1 We debunked the 1st 4 Myths of a HECM loan Myth #1 The reverse mortgage requires that I make monthly mortgage payments?

MYTH #2: My children will be held responsible for the repayment.

MYTH #3: If I get a reverse mortgage, I cannot sell my home.

Myth #4: The bank will own my home.