Anne is a 30-something full-time SAHM mom of 5 ranging from 3 to 17 and grandma of 1 who resides in Ashwaubenon (Green Bay) Wisconsin. She started blogging in 2008 as a way to regain her sanity. She enjoys coffee, chocolate, cheeseburgers and vodka along with spending time with her husband and kids.
Take the hassle out of shopping for your next car with the Vehicle Xchange Program at Reedman Toll Subaru of Exton.
Visit a specialist in the Vehicle Xchange Center in the service department to discuss your options. While your vehicle is in the service center, you will receive a free appraisal and your specialist will let you know what the current payoff is for your vehicle, regardless of where you purchased it, and they may even be able to get you out of your current lease early and into a newer vehicle at or below your current payment!
What Makes the Vehicle Xhange So Great?
The Vehicle XChange Center is a friendly, no pressure sales department that will give you quick pricing and payment quotes. It is your one stop shop for current incentives and payment options for new/certified and pre-owned vehicles.
It’s a new and efficient way to lease or purchase your next vehicle!
Vehicle XCHANGE Centers are located inside each service center at all Reedman Toll locations.
See your Vehicle XCHANGE Specialist to Purchase or Lease a vehicle today!!
In an effort to provide customers with the best possible service, Reedman Toll is providing you with a free vehicle appraisal when visiting their Service Department. The appraised value would be the minimum amount honored at Reedman Toll as a trade-in. Even if you are not looking to replace your current vehicle, Reedman Toll will purchase the vehicle from you for the said value within 7 days of the appraisal. You will also be receiving a follow-up call regarding this service from an XCHANGE Specialist within a couple of days to discuss your options.
If you are retired, or at least 62 years of age, you do not need to apply for a traditional home loan. Instead, you can potentially qualify for a reverse mortgage. There are several reasons a reverse mortgage may be more appealing to you during retirement. Many of those benefits are described below, along with a few extra considerations.
Understanding the Reverse Mortgage Borrowing Difference
The first benefit you need to understand about reverse
mortgages is the difference in how the money is borrowed. When applying for a
traditional home loan, you usually receive a large sum of money. Then you must
pay it back in small amounts over time. Generally, you owe the total sum back
with interest by a set date. That date is typically a few years after you
borrow the money.
A reverse mortgage works differently because you do not have
to pay any portion of it back early on. In fact, you are encouraged to pay the
loan back at a much later date. There is also no particular due date for total
repayment. As long as you remain in the home and meet some other basic loan
terms, you can spend the money without fear of the loan being called in.
Receiving Reverse Mortgage Funds from Your Lender
Another difference between a traditional mortgage and a
reverse mortgage is how funds are received. A reverse mortgage allows you to
continuously collect set payments of an established amount every month, if you
choose. Those payments only cease when the total amount available to borrow is
reached. That means, for a time at least, you can use your reverse mortgage
funds to replace some of the monthly income you probably lost when you retired.
If you do not want to receive monthly installments, you can
choose another reverse mortgage borrowing option. For example, you can set up a
reverse loan to function as a home equity line of credit. That means you can
borrow from your available balance as if it was a credit card. You can also opt
to just receive one large payment, which may be handy if you are trying to pay
for a major unexpected expense.
The Basic Terms of Getting a Reverse Mortgage
Not everything about reverse mortgages is easy. There are some downsides of reverse mortgagesto consider. For instance, the basic terms of a reverse mortgage are you can only apply for one on the home you use as your main residence and you must be at least 62 years of age. Therefore, you cannot apply for such a loan on a piece of property on which you do not reside. Certain apartment buildings are also ineligible for reverse mortgage agreements. Although, if you live in one of the units, a small apartment building you own may qualify. If you leave the residence at any point, whatever amount you still owe is immediately due.
Reverse Mortgage Fees and Borrowing Rules
When you apply for a reverse mortgage, you may not realize
there are certain fees involved. For example, you have to pay closing costs as
you would with a standard loan agreement. However, those fees are typically
deducted before the first payment is ever issued to you. Similarly, any amount
needed to pay off an existing traditional mortgage must be deducted before
other funds are issued to you.
Before getting a reverse mortgage, you must also consider
interest fees. Reverse mortgages tend to accrue higher interest than standard
home loans because they last longer. Therefore, you can wind up paying back a
much higher amount than you initially borrow.
What Happens When a Reverse Mortgage is Due
If your reverse mortgage is ever called in for any reason,
such as if you move to a different residence, you are given a time period to
pay the balance back. For example, your lender may allow you six months of
grace period. During that time, you must pay any amount you still owe. Failure
to do so results in the home being sold. The lender keeps proceeds up to the
amount needed to cover the remaining balance.
Now that I have brought 5 kids into this world, I know that if I were to ever do it again there are a few things I would do differently and some that I wouldn’t change at all.
Being a mom of 5, there are plenty of things that have changed over the years, I’ve learned new things and if I could turn back time and put that knowledge to use, I would. Since I have yet to invent a time machine and I’m done having babies, I figured I’d share a few things to think about as you are planning for the arrival of your child.
Home Birth
During all of my pregnancies, I never once considered a home birth but after learning more about it and hearing of other friends experiences, it is definitely something I would actually consider doing if we were to ever have another child.
Midwife or Doula
Towards the end of my 5th pregnancy, I was seen by a midwife at my Ob-Gyn’s office and my experience with her was great. It really made me wish that I would have gone the route of a midwife or at least hired a doula for not only the delivery portion of my pregnancy but for my post-pregnancy care as well.
Cloth Diapering
Another thing I wish I would have learned more about while pregnant is cloth diapering and invested money into what we would need to use cloth instead of disposable diapers. Although I know if can be more time consuming, I keep thinking of the money we could have saved with cloth diapering.
If you are considering cloth diapering, I suggest searching for a cloth diapering group in your area on Facebook as they are filled with moms that are willing to share their knowledge and help new moms get started.
Breastfeeding
Now, my 3 youngest children were all fully breastfed babies until at least 1 year and I am so happy that I made that decision and wish I could go back in time with my first two kids and stick to breastfeeding. When I had Zack and Libby, I was young and didn’t know where to look or how to find the support I needed when it came to breastfeeding so I gave in early and switched to formula.
If you are considering breastfeeding, be aware that there are all kinds of programs and moms out there that are willing to share advice and be there for support should you need it. Honestly, if you want some support, feel free to email me and I am more than happy to help you!
Transportation
Believe it or not, something a lot of expectant parents don’t think about in the beginning is transportation. With a new baby, you want to make sure you have safe, reliable transportation that can accommodate your new family. There are plenty of dealerships, like Speedway Autogroup, that offer a large selection of both new and used family friendly vehicles.
When you have a large family, it only makes sense to have a reliable family vehicle that is big enough to travel comfortably together.
The 2020 Subaru Ascent is the biggest Subaru ever and everything you need in a family vehicle.
With three rows of flexible seating for seven or eight passengers, AWD, and up to 5,000 pounds of towing capacity, your family can hit the road for all kinds of new adventures and be ensure you will enjoy a nice quiet and comfortable ride.
Built-In Wi-Fi Hotspot
Traveling with technology is pretty much a must these days and everyone will be happy with the available Wi-Fi connectivity built into the Ascent. Your passengers will be able to stream all of their favorite content as well as keep devices charged with up to 8 USB ports.
More Great Family Friendly Features
What makes the 2020 Subaru Ascent so great for families is all of the wonderful features.
19 Cup and bottle holders so everyone’s beverages are secure.
Hands-free Power Rear Gate that allows for automatic opening when your hands are full.
EyeSight Driver Assist Technology
360 Degrees of Visibility
86.5 cubic feet of cargo space
Extra-wide rear openings
Underfloor storage
Up to 27 MPG
And SO MUCH MORE!
You can find out more about the 2020 Subaru Ascent and take one for a test drive when you visit Winner Subaru in Dover, DE!
Purchasing a new to you vehicle should be an exciting event in your life and one that you want to remember. At Neuwirth Cars on Market, they want you to be completely satisfied with your purchase and that is why, why you purchase your vehicle from they, it comes backed with three great programs to guarantee you are happy with the service and car you are getting.
ROCK-SOLID 48 Hour Guarantee
If you purchase a pre-owned vehicle from Neuwirth Cars on Market, you can return it, for any reason, during normal business hours, within 48 hours of the original delivery day as long as it has less than 200 miles added to the odometer and is in the same condition it was delivered.
ROCK-SOLID Warranty
Neuwirth Cars on Market also has your new to you car covered with their ROCK-SOLID Warranty. For the first three months or three thousand miles, your car has front to back mechanical coverage!
And there’s MORE!
Exclusionary component coverage provides for repair/replacement of ALL Factory installed original mechanical equipment on the Covered Vehicle except Incidental or consequential damages or loss caused by breakdown of components.
Lifetime Powertrain Warranty covers the cost of all parts and labor needed to repair your drivetrain if your vehicle is 9 model years or newer and have less than 75,000 miles on it.
For vehicles with less than 75,000 miles. Excludes diesels, SRT, CNG and all commercial, lifted and modified vehicles. $100 deductible applies.
All this and more awaits you with you visit Neuwirth Cars on Market and let them help you find your next car today!
