Tag Archives: real estate

How to own a house outright (by first proving your not in the mafia)

A blog I follow recently posted about their family’s journey to purchase a new home in Bend, Oregon.

This is a debt-free family who had a sizable down payment, and had worked out their budget to be able to PAY OFF a 15-year mortgage in its entirety after three years.

THREE YEARS.

They did this by renting, saving like crazy, and making the pay off their first priority… knowing that after three years they will be able to have income freed up for travel and other things.

Imagine living in a house you own outright. (Dream come true!)

The “funny” thing is this family had a really hard time finding a lender.

They had no debt, amble money, and an amazing plan.

Just hardly a credit record.

Seems a little backwards, doesn’t it? Especially considering all of those who’s mortgages are turning upside-down these days.

The good news is these guys found a loan (after proving they aren’t in the mafia), got their house, and their story is now inspiring many others (like me!) that all of this is actually possible.

These are precarious financial times we live in, but all of us (I’d hope) are trying to be smart with the money we have – whether it’s a little or a lot.

STOP.

 

Q for you: What would you give up in the short-term to be able to own your house outright, quicker? Or be able to buy a house in the first place?

 

Love,
A

 

Click Clink Five | Five minutes a day, unedited


When I win a few million dollars

Just so you know, this is going to be a deeply profound post tonight.

It’s all about how I would spend my money if I won the lottery.

I was thinking about this last night in the shower as I shaved my bristle pad legs.

Here’s waht I came up with:

1. Get laser hair removal treatment on my legs. And pits. And anywhere else that needs it.

2. Get laser surgery on my eyes. (Seriously, I want to do this one even if I don’t ever hit hte jackpot.)

3. Buy Ryan that new car so he doesn’t have a heart attack every time he wrangles stuff in and out of the trunk.

4. Hire a cook that will prepare us healthy and delicious meals and snacks. On demand.

5. And a cleaner.

6. Give my brother the Lava Street house.

7. Buy a house in Bend and in Sydney near family and somewhere on hte Oregon coast… ya know, for vacations.

8. Fly business class from here on out. Or maybe even first class?

9. Figure out how much our supporters have given us over the last 11+ years and surprise them with triple that amount as a fun gift.

10. And some other less superficial, more noble stuff that I’m running out of time to share here. (Or maybe best kept secret anyway.)

That’s it folks. taht’s my list for now.

Too bad I never actually play the lotto.

STOP.

 

Q for you: If you won 10 million dollars, how would you spend it?

 

Love,
A

p.s. I didn’t even write “get a new wardrobe”. That’s a given. Duh.

 

Click Clink Five | Five minutes a day, unedited.
Adriel also writes on motherhood and parenting (using spellcheck) on The Mommyhood Memos.