If you're thinking of buying a home in the near future but aren't quite ready to take the plunge, here are 3 action steps you can take TODAY to set yourself up for success. Action Step 1: Determine Your "Must-Haves" Even if you aren't quite ready to buy today, you can get yourself started off on the right foot by determining what is important in...
Building a brand new home can be extremely exciting. It puts you in the designer's chair and allows you to customize a home to meet your exact needs and tastes. However, many buyers don't realize just how complicated and time-consuming the process can be. To help you get started off on the right foot, I've compiled 20 questions that I recommend asking before you start...
Recently, I was invited by my favorite trio of Tims to take the mic for the Your Financial Pharmacist podcast, episode 160. In this episode, I interview two pharmacists and first-time homebuyers about their experience using the Concierge Service. Check it out HERE Dr. Shelby Bennett is a Clinical Assistant Professor at the University of Nebraska Medical Center College of Pharmacy. Originally from rural northwest...
The question of when to buy and when to rent has always been a difficult puzzle to solve. The COVID-19 pandemic has brought new attention to this quandary as many first-time homebuyers worry about what the housing market will look like in months and years to come. But even without a global pandemic, the question of renting vs buying has rarely had a simple answer...
The Following article was written by Kristine Bertrand, a real estate agent with Berkshire Hathaway and a licensed appraiser in the state of Ohio. As an appraiser, she offers affordable, accurate, and prompt appraisals for residential properties throughout Ohio. This differs from the opinion of value given by a real estate agent. Banks often order appraisals to determine the current market value of a home....
Real Estate Month may be over at Your Financial Pharmacist, but we were able to put out some great content for all our followers. I wanted to be sure to share a post I wrote in collaboration with Tim Church for YFP. We get a lot of questions that revolve around how someone can buy a home despite having nagging student loans. This post seeks...
As Your Financial Pharmacist wraps up with Real Estate month, I join them one last time for a rapid-fire session of Q&A. Always a pleasure being on the show!
This month, I've partnered up with my favorite Trio of Tims, the crew over at Your Financial Pharmacist! While much of what we are doing lives on the YFP site I wanted to be sure to share some of the great content we've created directly with all of you! First up, we put together a pair of podcasts all about home buying. If you are...
Hi everyone! I've had a crazy start to the year and just closed on my first deal as an agent for 2018. I also got a great opportunity to sit down with Tim and Tim of Your Financial Pharmacist to record a pair of podcasts designed for first-time homebuyers. These 10 tips are just some of the things I've learned buying my own home and...
When most people think of residency, they usually think of long hours, tough preceptors, and meager salaries. Unfortunately, all of these factors stack the deck against anyone looking to get into real estate investing. I certainly wasn’t considering investing in real estate during my residency. It really wasn’t even on my radar. I was just trying to get by – academically and financially. Knowing...
Welcome to the final part of our series on mortgage financing. Join me as we separate myth from fact and explore whats available through government-backed loan programs If you haven’t already read Part 1: Conventional Loans, or part 1.5: Why you should care, be sure to check those out as well. The focus of this article will be on the government-backed (orange) side of...
Most people probably don’t find mortgage financing to be a particularly riveting topic. However, as I finish up part 2 of this short series, I want to illustrate why educating yourself (even briefly) on the topic can be vital to your home buying process. When my wife and I were looking for our first home we had a whole wish list of things we...
A mortgage is far and away the most common way to finance a home. By definition, a mortgage is a security instrument where the borrower pledges property to a lender as collateral for the debt. The way in which you secure that loan and subsequently pay it back is dictated by the type of mortgage you have. There are countless types of mortgages available and...
A pre-approval letter from the bank is not the same thing as how much house you can afford. As pharmacists we are lucky to make great salaries right out of school. However, this dramatic increase in income can fool us into thinking we can take on a lot more debt than we probably should. Hopefully the illustration below can help you set your own budget...