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Helping Your Kids Adjust to the Move

Relocating is challenging and can be especially scary for children. Guiding your child through the experience with patience and knowledge can make your family’s transition into your new home a fun adventure. Your current home may be the only one your child has ever known. Part of your child’s feeling safe in your existing home is his familiarity with the area, his neighborhood friends, the parks, schools and everything around it. From your child’s point of view, these items won’t exist anymore. Understanding your children’s concerns and needs will lessen the stress of the move for you and your family.

It’s important for parents to understand that kids have different concerns at different ages. For preschool children, moving elicits fears of being left behind or separated from their parents. Older kids between the ages of 6 and 12 have concerns about how their daily routines will be impacted. Teenagers worry about what a move will do to their social lives and about fitting in at their new school.
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When Tom and Becky started their home search they checked their credit scores first. Tom’s was a respectable 730 and Becky’s was 710. They did their homework too, shopping around for the best interest rate and getting prequalified for a loan before they started going to open houses. A short time later they found the perfect home at the right price.

On the night of their scheduled closing they were ready to sign when their closing officer’s cell phone rang. He handed Tom the phone. Their rate was much higher than Tom expected and the loan couldn’t be approved after all.

It’s a scenario many potential homebuyers fear. And while it is rare, it does happen. It happens when prospective homebuyers go on credit card binges, buying big ticket items for their new home like furniture, paint and appliances once their loans are approved.
Continue reading “Loan Closing Tips: What Not to Do”

Home is the stage for many of life’s most treasured memories. The front porch is where your husband carried you over the threshold. The living room floor is where your son took his first steps. The weeping willow tree in the back yard is where your daughter posed on her graduation day. Put it all together and it’s easy to see how our homes are literally a member of the family. And when it comes to downsizing, it’s also easy to see how emotionally attached we’ve grown to our homes. Selling our homes is like putting our hearts on a plate and crushing it, especially when potential buyers criticize. But it’s all part of the game. The game of buying and selling houses that is. Buyers want to get the lowest price and sellers want to get the highest price, leaving real estate agents the challenge of getting both parties to meet somewhere in the middle. Emotions can get in the way and prevent home sellers from making good financial decisions. Here are some tips to help home sellers from making costly emotional mistakes.
Continue reading “3 Most Common Mistakes When Selling Your Home”