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Method and system for the financial feasibility of time-sharing of retirement community units using reverse mortgages
Method and system for the financial feasibility of time-sharing of retirement community units using reverse mortgages
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机译：使用反向抵押贷款分担退休社区单位分时的财务可行性的方法和系统
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摘要
This invention relates to retirement communities. Specifically, a computer-implemented method and system enhances retired homeowners' accessibility to the retirement community on time-sharing basis and broadens the client base for the management and/or developers of such communities. The method particularly addresses the needs of those retired homeowners who will consider joining a retired community only a portion of the year while keeping their current homes. It determines the affordability of retirement community living on a time-sharing basis for retired homeowners, using reverse mortgages. The method also addresses the needs of developers of retirement community projects. It does a break-even analysis of the project under different scenarios, enabling a developer to assess the project's feasibility.
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