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  • 1.  Hometap or similar programs

    Posted 02-11-2025 10:27
    Just wondering if anyone has seen these and what your thoughts are.


    I have a great referral network so if you "need a guy or gal" or if you want to "be a guy or gal", let me know and I'll connect you!!

     

    To Book an Appointment https://calendly.com/ngusman

     

    Nancy L. Gusman, Esq.                                                 

    GusmanLegal, LLC   

    Brick House Consulting Services, LLC

    Affiliated with Centerview Title Group, LLC    

    Past President, Maryland Land Title Association

    Certified Land Title Professional (CLTP)

    National Title Professional (NTP)                                                                 

    11720 Beltsville Drive

    Suite 500

    Beltsville, MD 20705

    Phone: (301)563-9669

    Fax: (240)559-1430

    Mobile: (240)994-1697

    Email: [email protected]

     

     

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  • 2.  RE: Hometap or similar programs

    Posted 02-12-2025 09:51
    I have not seen this. I am leary of referral networks that pop up because it is hard to determine what type of vetting is done of the "guys and gals" that you are being connected to. 

    Kim


    Kimberly A. Gilbert-Toelle, Esq.*
    Raber Law Offices, PLLC

    484 Williamsport Pike, PMB #300
    Martinsburg, WV 25404
    681-260-6455
    Fax 304-441-5551
    alt. email: [email protected]  


    *Admitted in West Virginia, Maryland and the District of Columbia only.

           

     

    WARNING! Wire fraud is real and buyers and sellers are one of the biggest targets. Don't be a victim by following these 4 steps:

    1. Call and Confirm Wiring Instructions. Confirm all wiring instructions by phone before transferring funds. Use the phone number from the title company's website or a business card.

    2. Our office DOES NOT change wiring instructions and payment info. Our office has established wiring instructions that will not change. Additionally, our office will not email to change the method of payment prior to closing.

    3. Confirm it all: Ask your bank to confirm not just the account number but also the name on the account before sending a wire. If the wiring instructions you have received indicate an account that is NOT for our office, contact us immediately and DO NOT send a wire.

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  • 3.  RE: Hometap or similar programs

    Posted 02-12-2025 09:51
    Edited by Janet Noack 02-12-2025 09:51

    Nancy,

    These are similar to reverse mortgage programs. Ultimately it depends on the individuals situation whether it makes sense or not. Is this a way to find some fast cash or is this a plan to live out retirement with a bit more comfort staying in the same home? I am glad to do a quick call and talk about the specifics of your client's situation.



    ------------------------------
    Janet Noack
    CPA
    Foreign Tax CPA, LLC
    Cocoa Beach FL
    +1 (321) 784-8329
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