Why You Need to Have “The Talk”

So….. It’s Christmas.  You know what happens at Christmas?  People give gifts…..really nice gifts.  You know what comes after Christmas?  New Years.  You know what people do on New Years?  They make commitments for the coming year.  Big commitments.  Maybe you have that special someone in your life who is waiting for the “really nice gift” full of “big commitment”.  Yeah, you know what I’m talking about.  It’s time….. to pop….”THE QUESTION”.

If this is you, let me be the first to congratulate you.  Now that that’s out of the way, let’s talk turkey.  No, not the turkey your mom is serving on Christmas Day.  I’m talking about history that can be a real ‘turkey’ when it comes to plans for your future.  I’m talking credit.

Family! Can’t Live With Them, Can’t… Well, You Know…

 

I once had a conversation with a young lady that was buying her first home.  At least she thought she was.  But as the process continued, her lender called her to explain that she was going to have to sell her house in another state before she could qualify for the new loan.  She wasn’t aware she owned a home any where, but a little digging found that the home had been purchased in her name when she was only 6 months old.  The real buyer had even kept up the payments until recently.