We can have everything perfectly planned and ready to go, and then disaster strikes.
When we least expect it, an emergency situation can present itself that causes us to rethink everything we thought we knew and challenge our assumptions about how we can power through and get to a positive resolution.
Two years ago, Dave was in the process of applying for a Reverse Mortgage when his community was hit by devastating fires leaving his neighborhood susceptible to landslides.
Dave grew up in Montecito, an area that is close to Santa Barbara and moved away for college and a professional stint in London, England. But, he was able to return and has lived there for 37 years. Since, his home has undertaken remodels and expanded from a two bedroom into a four bedroom with a family room and other upgrades.
Before the fires and the subsequent landslides, Dave was in the process of obtaining a Reverse Mortgage — a process he was a bit skeptical about. “In the early years” Dave recalls, “it had a bad reputation but legislation improved that reputation. So, it came as much more of a possibility for us than before.”