There has been increasing promotion regarding reverse mortgages lately. Even ads with Tom Selleck are showing up. I guess the NYPD commissioner add validity to the offers. But what are the advantages of a reverse mortgage? The first and most obvious is no monthly mortgage payments. If monthly cash flow is an issue, this could be very important. Homeowners are not required to make monthly mortgage payments. Instead, the loan is repaid when the borrower sells the home, moves out permanently, or passes away. Second, it allows homeowners access to equity. With the raise in home prices over the last two decades, some homeowners may have quite a bit of equity that is mostly inaccessible. A reverse mortgage allows homeowners to convert a portion of…

I have been retired for some time and have found that I need more to do. So I am going to fall back on my decades of experience as a technology executive and consultant and start writing about things of intertest. Much of this may be about technology but since most of my over 70 and 80 friends are not always interested in technology I will be looking into other things as well. Sort of a hodge podge of things which could even include some of my recipes from in Your Smart Kitchen days. The purpose of this is to see if the links between my blog site (yogiwan.us) and my social media sites are working properly. So, if you see this, that is a…

As you can see, I am starting a new blog and it should be an experience. Back a few years ago, I had a blog associated with my online store, Your Smart Kitchen, but since that business closed I have not kept up with things. You do forget a lot after ten years or so. So this is somewhat of an experiment and you can expect changes to occur as I gain familiarity with the tools for blogging again. Getting to this point has taken several weeks and you can see it is still pretty rough in spots. Hopefully that will get better over the next few weeks. The objective is to set down some of my observations and thoughts on a wide range of…