Settlements For Life, Life Settlement Broker & Industry Leader, Releases Mid 2008 Growth Report
Memphis, TN (PRWEB) July 2, 2008 -- Settlements For Life (www.settlementsforlife.com), one of the nation's most experienced and fastest growing Life Settlement (www.settlementsforlife.com) companies, today announced its mid-year financial results. Since the start of 2008, SFL (www.settlementsforlife.com) has brokered the sale of a record number of life insurance policies and expects quadruple growth by the end of the year.
"SFL's steady growth is a result of our experience, trust, integrity and performance. Our clients, consisting of individuals, life insurance producers, broker dealers, financial advisors and other professionals, send us business because they know we deliver results," says Daniel Katz, President of Settlements For Life. "We are proud of our growth and will strive to continue our expansion to accommodate more clients in search of our services," adds Mr. Katz.
As part of the Company's continuing growth, Settlements For Life has increased its staff in the following positions: sales and executive support. Additional hires including case management, compliance, licensing and client education are also expected. "We employ the most experienced, dedicated, and hardest working employees in our industry," comments Mr. Katz. "Adding to our roster of employees will contribute to the company's efficiency and will help address client needs and support."
About Settlements For Life
Founded in 2003, Settlements For Life, LLC is one of the most experienced brokers in the life settlement industry. Settlements For Life is often the first choice when it comes to managing a senior client's life settlement needs. This is due to their reputation for integrity, transparency and diligence in representing the client's needs.
If you are an agent or producer in need of life settlement support, the experts at Settlements For Life will educate you on:
- The current market for life settlements
- When it is appropriate to use a life settlement
- Which of your clients would qualify for a life settlement
- How to know that you are getting the best deal for your clients
For more information on life settlements, contact a representative at Settlements For Life:
Phone: 901-683-5558
Email: info @ settlementsforlife.com
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Advantages and Disadvantages Of A Reverse Mortgage
Betty and John, are in their mid-seventies and are currently weighing the advantages and disadvantages of a reverse mortgage as a way of freeing up some cash. The couple purchased their home 45 years ago for about $14,000 since then home values have skyrocketed and recent single family homes in their neighborhood have been selling for a minimum of $160,000.
The Reverse Mortgage Association: Answers For Seniors
The National Reverse Mortgage Lenders Association was established in 1997 to provide a variety for services for both those wishing to take advantage of reverse mortgages on their homes and lenders wishing to finance reverse mortgages.
Pros and Cons of Reverse Mortgage Loans
Reverse mortgage loans are being touted as the ideal solution for older homeowners who may need extra income during their retirement years. On the surface, reverse mortgages seem to have no down sides. The homeowner receives a monthly payment from the bank, which allows them to remain in their home and pay expenses. There are no payments due as long as the homeowner remains in the home, at which time the loan is due and can be repaid by selling the home. A reverse mortgage loan agreement can seem like a godsend, but there are both pros and cons to reverse mortgage loans. A wise homeowner will do well to examine them carefully.
Finding Honest Reverse Mortgage Companies
With millions of Americans now at or approaching retirement age, the problems of failed pensions, inadequate social security, and escalating health insurance costs are threatening to cause a massive increase in the number of seniors who will be struggling to stay financially afloat during their golden years. Many of these people have turned to reverse mortgages as ways to supplement their retirement incomes, and if you are thinking of joining their ranks, you need to be sure your reverse mortgage is handled by a reputable lender.
How A Reverse Mortgage Works
Ever wonder how a reverse mortgage works? For folks that have lived in their home for a long time, they may very well be sitting on a gold mine. Home prices have increased greatly over the last thirty years, and nationally have nearly doubled in value over the last ten years. This has left a great many homeowners with valuable equity in their homes and many different options to access that equity, home equity loans and mortgage refinances being the most common. For older Americans, there is another, less common option that is growing in popularity as home prices have increased and baby boomers have moved closer to retirement age: the reverse mortgage. But do you know what it is, and do you know how a reverse mortgage works?
Your House For Money?
You need money. You need it badly. At 65, however, you don't have the stamina to stomach the inconvenience a long-term loan would require. So, what do you do? You tap into the value of your home and convert it into cash! This is possible through reverse mortgage. Reverse mortgage lenders let you borrow money against your own property.