ttradeshows.com

byAlma Abell

Retirement is more enjoyable when you have enough money to do the things you enjoy. Unfortunately, many retirees are unable to travel and enjoy their final years because they don’t have enough income. A reverse mortgage can provide the cash flow older adults need to ensure their bills are paid and have some money left over to have fun. While a reverse mortgage in Newport News can help seniors stabilize their income, there are a few things everyone should know about this unique kind of loan before deciding to get one.

In order to qualify for a reverse mortgage, the youngest applicant must be at least 62-years-old and either own their home free and clear or have a very small mortgage that can be paid off with the proceeds of the reverse mortgage. The applicants must live in the property but it can be up to a four-family residence, a manufactured home or an approved condominium. There are no income or credit restrictions on reverse mortgages.

After the reverse mortgage has been approved by lender, homeowners receive payments from their lender. The proceeds can be used in any manner so whether a senior needs the money for living expenses, home repairs or a dream vacation, they do not have to answer to anyone. Many seniors structure their reverse mortgage payments so they get a monthly check but lump sum payments are also an option. With a lump sum, seniors can make upgrades to their home so they can age in place or purchase a recreational vehicle and go on a road trip.

Unlike home equity loans, a reverse mortgage in Newport News does not need to be repaid as long as the borrower is living in the home. If the borrower moves out of the home or dies, the principal balance and interest on the loan becomes due. In some cases, the borrower’s heirs pay off the loan with life insurance proceeds. Another option is to sell the home and pay the balance. Because the lender does not own the home, the heirs are free to keep or sell it after the loan is repaid.

Submitted by: Mary Weber

Bingo tournaments

are a series of bingo games that are held over a certain time period, usually over a weekend or a few consecutive days.

In land-based bingo halls,

bingo tournaments

are held over special weekends. These are often organised by churches or non-profit organisations to raise money for charity. Many schools also host tournaments to raise money for school events or for items needed by the school. These are usually arranged by a school committee of parents and teachers.

A number of bingo games are played throughout the tournament, and the winners of the tournament are the players who have won the most games throughout the event. Usually there are a number of winners, from first place to twentieth place or lower. While many charity bingo tournaments are not played for cash prizes, winners can still win other prizes. Often these prizes are donated especially for the bingo tournament, and often consist of hampers and gift vouchers.

Online bingo tournaments work much the same way, expect that these tournaments are played for money, so the prizes are cash prizes. Most online bingo tournaments work using a point system, so players earn certain points for every game they win on certain days in the tournament. Players who have scored the most points win the tournament. Many sites have additional competitions or draws in which players can enter by making a deposit.

Some free online bingo sites only give cash prizes for tournaments. Every game a player wins throughout the month adds up, and although these games are played for bonus credits or fun bucks, players who have won the most games throughout the month have the chance to win cash prizes.

Some websites hold different types of tournaments each weekend. These include chat game tournaments, in which the players who have won the most chat games throughout the weekend win cash prizes. Other popular tournaments are the bingo game tournaments, which apply to every bingo game won during that weekend, and slots game tournaments, in which every slots game won adds up points and cash prizes can be won by the players who have won the most slots games in that weekend.

Bingo tournaments are a fun part of bingo, as they give the game some added excitement. Players also get the chance to tally up their wins over the set time period. As a result, bingo tournaments can be quite competitive. As long as players remember to respect one another and have fun, tournaments are a great way to get to know fellow players over an extended time. In online games, chat during the bingo tournaments is always entertaining and lots of fun.

About the Author: Mary Weber has been an online bingo fanatic for over 7 years. She has written many informative and original articles for the website

Online-Bingo.net

including information on

bingo tournaments

.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=72125&ca=Recreation

Three Special Things About Solterra Homes

by

Adrian Scovill

What makes it fulfilling to own a house is to have it designed according to your personal preferences. And the quality of the house makes it more satisfying. Your house is one of the best investments that you can make, so choosing the best home builders could assure you that you ll get the best home experience ever.

Fairfield Homes and Dorn Homes, being the top home builders in Arizona, offer the newest home community in Green Valley, Solterra Homes. The origin of its name, Sol which means Sun and Tierra which means Earth , is just as unique as its home features. Solterra is one great combination of perfect location, superb designs, quality construction and energy efficiency. Along with the alluring views of the Santa Rita mountains, Solterra has three special things to offer to you:

Home safety features

Fairfield Homes and Dorn Homes have exerted much effort to give you quality construction to assure your safety and security. Each Solterra home has fully integrated smoke detectors to keep you away from risks of house fires. It also has high security deadbolts and ground fault interrupt safety outlets in the kitchen, bathrooms and exterior. And to give you a more secure bath experience, the houses also feature pressure balance scald guard tubs and shower valves.

Energy Savers

Dorn Homes is known for its expertise in energy efficiency that surpasses the current standards set by the U.S. Government s Energy Star Program. With Dorn Homes Building Science specifications, Green Valley homes for sale will be more energy efficient than any other homes. Each unit comes with an electronic programmable thermostat, thermal envelope insulation and a programmable exhaust fan in laundry with automatic ventilation. It also has high efficiency 14 SEER central-air conditioning and a manual mechanical damper for fresh air intake. The 2×4 exterior walls are built with blown-in cellulose insulation and the roof deck is secured with a R-38 batt insulation. And to efficiently manage heating, the ventilation and air conditioning installed in each home has a mastic sealed ductwork.

Membership to Green Valley Recreation

Your first home in Solterra comes with a membership to the most famous recreational campus in Arizona. Green Valley Recreation is an organization that serves the leisure and social needs of the adult retirement community of Green Valley, Arizona. It owns a $18 million property which includes one Member Services Center and 13 Recreation Centers. Green Valley recreation offers many services and activities for adult lifestyle. You can choose from over 60 clubs that offer activities from cultural events, arts, crafts, woodworking shops etc.It also has swimming pools, fitness centers, spas, tennis, racquetball and state-of-the-art equipment.

Fairfield Homes and Dorn Homes, with its building lasting legacies and its luxury building standards, have built one great community in Green Valley. Solterra Homes will be the perfect community that will fulfill your dreams of owning the perfect house.

Get your

Solterra Homes

property, including a membership to Green Valley Recreation, Arizona s most famous recreational campus network boasting over $18 million dollars in facilities including 13 recreation centers, swimming pools, spas, fitness centers with state-of-the-art equipment, racquetball, and tennis.

Article Source:

ArticleRich.com