In A House But Not Married

June 15, 2017

Not long ago, as we were doing introductions at the beginning of our Homebuyer Express class, one of the participants stated that he was scheduled to close on his new house in two weeks, but was still shopping around.

Ummmm, what???

As the story goes, he and his girlfriend were going to buy the house together and he, in the interest of peace and harmony, let her pick out the house.  But now, before closing, she was no longer girlfriend.  He could still afford the home, but it wasn’t the home he wanted.  So he was still looking around and trying to decide if the extra costs of backing out were worth it for him.

As more and more unmarried people are buying homes together, it brings some “interesting” potential issues to the surface.  Even if the individuals buying together aren’t a couple, but rather siblings, business partners, or just friends, the situations can provide for some more challenging “now what” moments. Read the rest of this entry »


Should You Buy a House?  5 Things to Consider.

June 8, 2017

As June is National Homeownership Month, we are doing a series of blog posts relating to home ownership.  Each will have a different perspective, so stay tuned for more.

First, full disclosure.  I teach our homebuyer education course.  I have my real estate license.  Even though my license is inactive, I am still involved in our local real estate association.  I even teach the classes required to get your real estate license.  Am I invested in that world?  Yes.

I’ve been both a renter and home-owner.  I currently own my own home and would have it no other way.

I am a big fan of home ownership.  It is no secret.

I’ll also be the first one to tell you that home ownership is NOT for everyone. Read the rest of this entry »


On Budgeting and Spinners

May 25, 2017

Fidget Spinners.  If you don’t know what they are, I’m pretty fidget spinnerssure you’ve been living under a rock for the last several months.  They’re everywhere.  I’ve even seen photos on Facebook of women attaching mini spinners to their fingernails.  Seriously.  Having two kids of my own, yes the spinner craze has hit our house too.  “But they’re, like, therapeutic.”  “No, for most of you they’re just a toy.”  Alas, we gave in.  Not totally.  After all, the first spinner was a bribe for good behavior.  Hey, I’ll admit I’m not above bribery when it comes to children’s behavior.  True to the American way, however, one is never enough.  And I made a lesson of it. Read the rest of this entry »


6 Thoughts on Bankruptcy

May 19, 2017

 

Bankruptcy.  It’s a word that evokes a lot of differentgavel and scale emotions and responses.  “It’s a cheap way to get out of debt.”  “Or perhaps it’s the fresh start someone needs.”  “But if they hadn’t gotten themselves into debt in the first place.”  “Then again, they didn’t choose to get sick and end up with the medical bills they have.”  “I pay my bills so why can’t they?”  “I can’t pay my bills so what’s wrong with me?”

The comments could go back and forth for ever and certainly have since the advent of bankruptcy.  In reality, bankruptcy is not the right answer for everyone, but it may be the best option for some.  It’s not always an easy choice to make. Read the rest of this entry »


“If I Were A Rich Man…”

May 11, 2017

“If only I made more money.”  “Life would be so much easierEmpty Wallet if there was just more in my paycheck.”  “I would love to have enough to not have to worry about money.”  Let’s be honest.  We’ve all made these comments before.  Just like Tevye in “Fiddler on the Roof”.  He sang “If I were a rich man, Yubby dibby dibby dibby dibby dibby dibby dum.”  It all sounds great.  Unfortunately, every last one of them is a lie!  Read the rest of this entry »


Down Payment Assistance – Making ‘Home’ Possible for More

May 4, 2017

You want to buy a home? Have you looked at prices lately!?  Do you know how much you need for a down payment!?!  You’ve got to be crazy!!! There is no way you can come up with THAT MUCH money right now.  I mean, come on.  Don’t you need like 20% down for a house?  That’s got to be like $50,000-$60,000 with where homes are priced.  Buying a home just is NOT an option for you right now.  Right?

WRONG.  Well, maybe it isn’t the right time for you to be buying a home right now.  But the premises above are probably not going to be what holds you back.  Let’s talk about why. Read the rest of this entry »


What to Spend on Your New Home

April 20, 2017

 

Tired of renting?  Tired of the landlord?  Tired of the crazy neighbors doing who knows what and all kinds of hours?  Tired of nothing but white walls in your living space?  Tired of someone else parking in your parking space?  Tired of paying every month and getting nothing (except maybe part of your deposit) back when you move?  Perhaps it’s time to move out of your parents’ house…..

OK, so this probably isn’t your parents’ house anymore.  But it may still be time to move on.  Perhaps it’s time to look at buying your own home.  As our clients consider a home purchase, one of the most frightening issues they face is determining exactly how much they should spend on a home. Read the rest of this entry »


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