It was the rite of passage into adulthood for so many of us.
The American dream. The white picket fence. The statistical 2.5 children. The house in the suburbs.
Some stay a few years and move on. Some stay a lifetime. Some choose to rent.
Lately, we find ourselves involved in all aspects of what it means to be a home owner.
My in-laws’ home stands vacant, yet full of 6 decades of worldly possessions. It needs work, it needs to be cleaned out, it needs to be sold.
But mostly, it needs the decision to move forward with any of these processes.
It was timely. We were now in our home state, closer to family. Our children graduated high school and college here. It worked out for us.
Now, with retirement, I just want to leave.
We have been approached by the H.A.R.P. program for a one time refinance. The numbers made sense, reducing our interest rate by almost half. We are in the process.
No matter, I’d still rather sell.
My daughter and her husband are buying their first home. It is a process we know well.
Loan qualification, mortgage application, credit checks, bank approval.
Lease termination, contingency sale, relocation.
Property tax, school tax, insurance, mortgage fees, escrow accounts, home owners association.
It’s all pretty exhausting, but absolutely fascinating, especially when you are at an age to appreciate all incarnations of the process.
The American dream.