What is the return policy?

Most unopened items in new condition and returned within 90 days will receive a refund or exchange. Some items have a modified return policy noted on the receipt or packing slip. Items that are opened or damaged or do not have a receipt may be denied a refund or exchange. Items purchased online or in-store may be returned to any store. Online purchases may be returned via a major parcel carrier. Click here to initiate a return.

How long does it take to process a refund?

We will reimburse you for returned items in the same way you paid for them. For example, any amounts deducted from a gift card will be credited back to a gift card. For returns by mail, once we receive your return, we will process it within 4–5 business days. It may take up to 7 days after we process the return to reflect in your account, depending on your financial institution's processing time.

What is the policy for late/non-delivery of items ordered online?

Our local teams work diligently to make sure that your order arrives on time, within our normaldelivery hours of 9AM to 8PM in the recipient's time zone. During busy holiday periods like Christmas, Valentine's and Mother's Day, we may extend our delivery hours before 9AM and after 8PM to ensure that all gifts are delivered on time. If for any reason your gift does not arrive on time, our dedicated Customer Service agents will do everything they can to help successfully resolve your issue. Click here to complete the form with your order-related question(s).

When will my credit card be charged?

We'll attempt to securely charge your credit card at the point of purchase online. If there's a problem, you'll be notified on the spot and prompted to use another card. Once we receive verification of sufficient funds, your payment will be completed and transferred securely to us. Your account will be charged in 24 to 48 hours.

Will I be charged sales tax for online orders?

Local and State sales tax will be collected if your recipient's mailing address is in: Arizona California Colorado

Mortgage

February 07, 2024

the Pros and Cons of Reverse Mortgages

Reimagining Retirement: Exploring the Pros and Cons of Reverse Mortgages

Picture this: you're 62 or older, enjoying your cozy home, but retirement finances are a constant worry. Enter the reverse mortgage: a unique loan that unlocks the equity in your home, providing you with cash without monthly repayments. Sounds too good to be true? Let's delve into the world of reverse mortgages, unpacking their potential benefits and hidden drawbacks.

What's the Magic Behind a Reverse Mortgage?

Unlike traditional mortgages where you pay the lender, a reverse mortgage flips the script. You receive cash from the lender in exchange for a portion of your home's equity. You can choose to receive this cash as a:

Lump sum: One-time payment for a larger financial boost.
Monthly installments: Steady income stream to supplement your retirement.
Line of credit: Access cash as needed, similar to a credit card.

The best part? You generally don't have to repay the loan until you sell your home, move out permanently, or pass away.

Eligibility Requirements:

Aged 62 or older
Own your home outright or with a small remaining mortgage
Meet lender's financial stability criteria

Sounds Perfect, Right? Not So Fast...

While tempting, reverse mortgages come with caveats:

Rising Debt: Remember, the loan amount increases with interest, gradually eroding your home equity.
Decreased Heirship: Heirs may inherit less equity due to the loan balance.
Potential Foreclosure: Failure to pay property taxes or homeowners insurance can lead to foreclosure.
Higher Closing Costs: Expect fees associated with processing and servicing the loan.

Is a Reverse Mortgage Right for You?

Carefully consider your situation before diving in:

Do you have other retirement income sources?
Do you plan to stay in your home long-term?
Can you afford potential property tax and insurance increases?
Have you explored alternative retirement options?

Remember:

Consult a financial advisor specializing in reverse mortgages.
Shop around for competitive rates and terms.
Fully understand the legal and financial implications before signing.

Reverse mortgages can be a valuable tool, but proceed with caution. Weigh the pros and cons, seek expert advice, and make an informed decision that aligns with your retirement goals and overall financial well-being.

Mortgage