How do you calculate home affordability for retirees and seniors?

Bill Litton and Cross Country Mortgage ​work ​with ​seniors ​quite ​a ​bit ​through ​the ​home​buying ​process. ​And ​the ​question ​that ​comes ​up ​quite ​a ​bit ​is, ​how ​do ​you ​calculate ​that ​home ​affordability? ​Is ​it ​different ​when ​you're ​working ​with ​seniors ​versus ​when ​you're ​working ​with ​a ​younger ​buyer? ​ Today ​we're ​going ​to explore the unique challenges and strategies involved in securing a mortgage for seniors and retirees, and we'll tell you ​what ​you ​need ​to ​know if you're in the market to buy.   Here's what we discuss in this episode: 0:00 – Intro 1:46 – What we look at first 3:08 – Assets vs Income 6:12 – Purchase before you retire   CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151. Check us out on YouTube: https://bit.ly/3KbUxAF