Saturday, July 19, 2008

Did You Know?

Running a sprinkler for two hours can use up to 500 gallons of water. To figure out the right amount to water, put an empty tuna can on your lawn. When it's full, you've water about the right amount. For more info on how to save around the house contact me at: findit@LehighValleyRealty.com

Reverse Mortages



In a survey by the Consumer Credit Counseling Service of Greater Atlanta, 26% of homeowners who have reverse mortgages said their #1 reason for getting such a loan is to pay for daily living expenses. Only 3% said they used funds from a reverse mortgage to pay for a vacation. Other reasons cited for obtaining a reverse mortgage:
  • Budget too tight 19%
  • Need more liquid assets 16%
  • Home repairs and maintenance 15%
  • Provide care for dependents, pay medical bills 8%
  • Pay property taxes and homeowners insurance 7%
  • Falling behind on monthly payments 6%
  • If you additional information contact me at: findit@LehighValleyRealty.com