How to Buy in a Seller's Market (And When to Offer Over Asking)
Just this past year I listed my own house at $400,000 knowing it was worth more. I had a full price offer in hand the day it went live. I did not take it. A few days and one open house later, I was under contract at $425,000. I am telling you this as the seller who set it up that way on purpose, bec
Free Splash Pads in the Southwest Suburbs (And Which Ones Charge)
Every splash pad list tells you where the water is. Almost none of them tell you the thing you find out at the gate: some of these are completely free, some charge your kids but not you, some charge everyone including the one year old, and non-residents pay double at most of the paid ones. Same wate
Marry the House, Date the Rate? An Honest Look
You have heard the line. It is on every real estate social feed, it shows up in listing presentations, and the average agent has used it at least once to coax somebody off the porch and into the buyer pool: marry the house, date the rate. Commit to the home, treat the rate as temporary, refinance wh
Moving to Manhattan, IL: Should You Buy a Home Here?
More house. More yard. Lincoln-Way schools. That's what everyone looking at Manhattan, IL tells you, and it's why it's on your list. You get all of that. You also get a town that holds onto its traditions, the Wauponsee Glacial Trail running right through it, and a park district with plenty going on
How Interest Rate Buydowns Actually Work (2-1 vs Permanent)
When we bought our new construction home, the builder advertised a rate that looked fantastic. Then we found out the catch: that rate only applied to their existing inventory, not the home we actually wanted to build. The billboard rate was real, just not for us. So we changed the play. I ran the lo
What Happens When You Inherit a House? The Great Wealth Transfer Is Hitting Home
The largest transfer of wealth in history is not coming. It is here. Cerulli Associates projects about $124 trillion changing hands through 2048, with trillions already moving every year and the pace accelerating toward a peak in the mid-2030s. Visa's economists put boomer holdings at more than $93
How to Avoid Being House Poor (Even When Everyone Says You Can Afford It)
I was talking with a client about his situation. Good income, nice house, and every month still felt tight. Savings never grew. Every repair went on a card. Vacations kept getting pushed to next year. A friend listened to me describe it and said, "You know you're describing being house poor, right?"
What Happens to Your Family's Home If You Die Without Life Insurance?
A while back, a woman I will call Rachel lost her husband, Paul, to cancer. (Her name and his have been changed here, out of respect for their privacy.) They had two kids and a home and the same mortgage most families carry. What they also had, because Paul set it up before he ever got sick, was a l
How Lenders Actually Count Overtime, Bonus, and Side-Gig Income
A friend of mine, Jason (this is actually his real name, but I think there are too many to know for sure who he is), spent weeks fighting with his lender over money he had actually earned. He works overtime. A lot of it. But the lender he picked did not really understand how his income worked, so Ja