StraightTalk Report from Remar Sutton
Is a Reverse Mortgage Right for You?
July 2008
Have you seen one of the many ads for reverse mortgages on the television or received them in the mail? Many such ads paint reverse mortgages as ideal sources of income for any homeowner who’s 62 or older. In actuality, reverse mortgages are not for everyone. Your age, circumstances, and estate plans can make a big difference in whether a reverse mortgage or another type of loan may be best. Plus, reverse mortgages are complicated and not easy to understand. This month's report looks at the basics of reverse mortgages and outlines some steps that may help you determine if one is right for you.
Looking for Remar's Privacy Seminar Handout?
You'll find it in the Privacy Rights section. Then check out the many other Privacy Rights resources.
Useful Websites
Time-Saving Tips for Summer Travel
These tips from the Federal Citizen Information Center cover travel by air, land, and sea.
Energy in Brief is a section on the Energy Information Administration (EIA) website. These briefs explain energy topics such as How is my electricity generated, delivered, and priced?, How dependent are we on foreign oil?, and How much renewable energy do we use? The EIA is part of the U.S. Department of Energy.
Energy Savers Tips on Saving Energy & Money at Home
This site from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy provides tips for saving energy and money and home and on the road.
BBB Consumer Alert: Phony Escrow Companies Defraud Car-Buyers Out of Thousands
This alert from the Better Business Bureau provides tips on avoiding phony escrow services when purchasing a vehicle online.
Useful Websites Archive
StraightTalk's for You
Is there anything more powerful (or rare) than a straight answer? You know, an answer that isn't designed to sell you a product or service or a point of view—an answer that's designed to give you unbiased information.
Based on unbiased information you then decide what's good for you, not good for the seller. Isn't that the type of information you want-and need? StraightTalk is going to give it to you.
StraightTalk is about empowering you with unbiased information on many topics. We'll even give you information on products and services that have nothing to do with Corning Credit Union. For instance, do you worry about stress? StraightTalk online deals with stress. Ever worry about identity theft? StraightTalk online deals with it. Are you worried about picking the right day care center for your child? We'll give you great guidelines and on-line tools.
StraightTalk will also deal with the car buying and home buying process and dozens of other topics which impact you and your family.
Why are we doing this? Corning Credit Union is a member cooperative. We've always had our member's best interest at heart. That's why you won't see any pitches or baloney at StraightTalk. All we'll try to sell you is a straight answer!
Remar Sutton
CCU's StraightTalk Spokesperson
You can email remar with suggestions for topics at: rsutton603@aol.com
This site contains links to other sites ("Linked Sites") which are not under the control or direction of the Credit Union. The inclusion of any link does not imply endorsement by the Credit Union of the site or any association with its operators. The Linked Sites are not bound by the Credit Union's privacy policy and therefore you access them at your own risk.