The Home Equity Conversion Purchase was introduced by the FHA on January 1, 2009. It allows US Citizens over the age of 62 to purchase a single family home, FHA approved Condominium and more with only the Cash required to close based on the future equity of the home. This video covers the most common myths about the program. Michael Belgeri is a licensed Realtor in Weston Florida.
Duration : 0:9:41