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November 17, 2006, Newsletter Issue #39: Finding a good retirement home
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Tip of the Week
As with many other things in life, getting into retirement homes boils down to a question of money. Financing a retirement home is now a little easier if you are a homeowner; an increasing number of mortgage companies offer ways to convert the equity you've built up in your home into money for a retirement community home. Before you shop for a retirement home, talk to a mortgage specialist and find out if you can apply your equity to paying for a senior retirement home, and how much you would have to work with.
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