This past week I was asked an interesting array of questions from some friends about to refinance their home. Our friends purchased a home about a year ago with a fixed, 30-year loan. The goal they want to achieve is a 15-year loan at a pretty significant rate reduction (approximately 1-1.5%). So the scenarios laid…
This is a follow-up post to my discussion on some of the lessons we learned during our home buying process, as well as laying out some of the monetary commitments. My original article can be read here. At this point in the discussion, our offer had been accepted on the home, and it was up…
The Problem Last week my wife and I awoke to notice a stain on the ceiling in our master bedroom. Either we had not noticed it sooner, or somehow it took a while to migrate down to the ceiling because it had not rained in our area in several days. As soon as we noticed…