Category: Mortgage

Simplify Your Life in Retirement: Downsize Your Home

Simplify Your Life in Retirement: Downsize Your Home

While reading the Business section of the Chicago Tribune last week, I came across Jane Bennett Clark’s article, “The surprising costs of downsizing your home.”  Although I am some years away from retirement, it’s a conversation I’ve heard from financial literacy colleagues and financial planners.  The recommendation is for soon retirees to consider the “simplify […]

April 26, 2016 | By More
What is a Loan Escrow on a Mortgage?

What is a Loan Escrow on a Mortgage?

The other day I received an envelope in the mail. It was from my lender providing notice they had paid my real estate taxes. The statement stated, “This notice is to inform you that we have paid real estate taxes on your behalf in the amount…” I have to admit this is a convenient method […]

June 19, 2014 | By More
What is a Home Appraisal for a Mortgage?

What is a Home Appraisal for a Mortgage?

The photograph of the pretty flowers was taken in my front yard a couple of weeks ago. Spring and summer is a fun time to house shop. For us Midwesterners it’s so much easier to get around! As I’ve already shared with you, I knew the moment the realtor had us enter the house, it […]

June 16, 2014 | By More
Federal Trade Commission Tips for Mortgage Shopping

Federal Trade Commission Tips for Mortgage Shopping

When you know a purchase is right, you just know it.  I felt that way when I walked into my current home.  Of course, I had to look beyond the dark green paint in the downstairs bathroom and the mountain of kids toys piled in the upstairs master tub.  What I did notice was the […]

March 10, 2014 | By More
National Association of Realtors

National Association of Realtors

Whether you’re in the market to shop for a house or just want an inside look into the world of real estate, maybe you want to check out the National Association of Realtors website.   After reading a write up by Gary Thomas, the 2013 president of the organization in The Costco Connection, I visited the […]

December 3, 2013 | By More
How Are Banks Different from Other Businesses?

How Are Banks Different from Other Businesses?

When I first started working in the business world, my boss at the time gave me some sound advice.  And, if you’re a student reading this Post today, I particularly wish to pass on this tid bit to you.  She said when you graduate from college, make certain and pick an industry you’re going to […]

September 11, 2013 | By More
5 What-Ifs Before Buying a Home With Another Person

5 What-Ifs Before Buying a Home With Another Person

There was television sitcom back in the 1980s called The Golden Girls.  It has popped up in syndication and is a program my sister watches.  In brief, the storyline evolves around four older single ladies who rent a place together.  I don’t know if the script ever mentioned the financial benefit of pooling the women’s […]

September 4, 2013 | By More