HomeTeam Inspection Service

<a href="https://www.linkedin.com/in/matt-cook-a2810b8b?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reverse-mortgage-daily-home-inspector-sees-interaction-from-baby-boomers-aging-in-place-and-reverse-mortgages-2728946" target="_blank" rel="nofollow">Matt Cook</a>, director of business development with&nbsp;<a href="https://www.hometeamfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reverse-mortgage-daily-home-inspector-sees-interaction-from-baby-boomers-aging-in-place-and-reverse-mortgages-2728946" target="_blank" rel="nofollow">HomeTeam Inspection Service</a>, recently discussed with&nbsp;<a href="https://www.housingwire.com/articles/home-inspector-baby-boomers-reverse-mortgage-aging-in-place/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reverse-mortgage-daily-home-inspector-sees-interaction-from-baby-boomers-aging-in-place-and-reverse-mortgages-2728946" target="_blank" rel="nofollow">Reverse Mortgage Daily</a> how the aging-in-place trend among older homeowners is significantly influencing the home inspection industry.&nbsp; With many baby boomers preferring to remain in their existing homes, there is skepticism toward new construction quality and reluctance to give up historically low mortgage rates for higher current rates.Cook notes that the home inspection industry is experiencing growth due to increased inspection requirements from mortgage, title and insurance companies, especially related to home equity lines of credit and reverse mortgages.&nbsp; “[It’s being done] just to verify the status of the home prior to releasing those funds,” Cook said. “For us, whether they’re aging in place, buying new construction or just buying a residential property, there’s an opportunity that we’re seeing, and it is growing from the inspection industry’s perspective.” He emphasizes that reverse mortgage professionals are ideal partners for home inspectors and advises inspectors to build relationships with lenders and loan originators.&nbsp; Additionally, Cook cautions that inspectors have a reputation as alarmists due to their role in identifying potential problems, suggesting professionals partner with inspectors who communicate issues sensitively to avoid unnecessarily alarming clients who wish to age in place.“Home inspections are a great thing, and everybody should recommend them because everybody should understand the status of the biggest asset that they own at all times,” Cook said. “But make sure that you’re partnering with a home inspector who’s not going to scare your client since that wouldn’t be good for the mortgage industry or the client’s psyche.”Read the full article&nbsp;<a href="https://www.housingwire.com/articles/home-inspector-baby-boomers-reverse-mortgage-aging-in-place/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=reverse-mortgage-daily-home-inspector-sees-interaction-from-baby-boomers-aging-in-place-and-reverse-mortgages-2728946" target="_blank" rel="nofollow">here</a>.&nbsp;For more information on franchising with HomeTeam Inspection Service, visit:&nbsp;<a href="https://1851franchise.com/hometeaminspectionservice">https://1851franchise.com/hometeaminspectionservice</a>. &nbsp;

Home Inspections and Aging-in-Place: Boomers Embrace Reverse Mortgages

1851 Franchise

HomeTeam’s Matt Cook discusses the growing role of home inspections as older homeowners embrace aging-in-place and seek reverse mortgages.

This brand page has been paid for by HOMETEAM INSPECTION SERVICE. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

Reverse Mortgage Daily: Home Inspector Sees Interaction From Baby Boomers, Aging in Place and Reverse Mortgages

reverse-mortgage-daily-home-inspector-sees-interaction-from-baby-boomers-aging-in-place-and-reverse-mortgages

FRANCHISE INFORMATION

Own a HomeTeam Inspection Franchise

Why HomeTeam?

Building True Asset Ownership

How HomeTeam Maintains a Competitive Edge

Why Franchisees Love HomeTeam

Learn

Visit Website

HOMETEAM INSPECTION SERVICE

Facebook

Instagram

LinkedIn

Twitter

YouTube

SOCIAL MEDIA

Investing in Your Future: What Does It Take To Own a HomeTeam Inspection Service Franchise?

Real Estate Today: Behind the Drywall: The Truth About Home Inspections

From Air Force Veteran to Entrepreneur: Danny Hemchand Builds a Thriving Home Inspection Business

HOMETEAM INSPECTION SERVICE MOST READ STORIES

1851 LOGIN

GROWTH CLUB LOGIN

ABOUT HOMETEAM INSPECTION SERVICE

CONTACT HOMETEAM INSPECTION SERVICE

facebook

instagram

twitter

linkedin

First Name

Last Name

Email

City

State / Province

Zip Code

Comments

Own a HomeTeam Inspection Service Franchise

Photo of HomeTeam inspector in red polo and khaki pants, walking by branded vehicle

purpose-of-home-inspection

Hometown News: Like Father, Like Son — Family-Run Inspection Business Blends Generations of Expertise and a Keen Eye for Detail

father-son-home-inspection-franchise-florida

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

Photo of four HomeTeam Inspection Service inspectors

The HomeTeam Advantage: 30 Years Strong and Still Growing

hometeam-30-year-legacy

Photo of two HomeTeam team members speaking with person in white top and black skirt

hometeam-franchise-investment

Photo of two HomeTeam team members standing in front of home, arms crossed, smiling

HomeTeam Inspection Service: A Top Franchise Choice for Veterans

hometeam-franchise-for-veterans

Photo of three HomeTeam team members standing in front of a home, smiling with arms crossed

ROI and Beyond: The Financial Rewards of Owning a HomeTeam Franchise

hometeam-franchise-roi

Reverse Mortgage Daily: Home Inspector Sees Interaction From Baby Boomers, Aging in Place and Reverse Mortgages

MORE STORIES LIKE THIS