Michael on August 5th, 2009
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As my wife and I continue to search for a home –
You: What’s going on with that?
We bid on a home a few weeks ago and didn’t get it.
You: Any follow-up?
There was another opportunity to bid higher and become a firm back-up, but we decided not to.
You: So now what?
We’ve basically exhausted all of the [...]

Continue reading about Where is the housing market going?

Shortly after my wife and I bid on a house a few days ago, we learned that although the sellers had gone with a higher offer, they wished for us to consider becoming the official “back-up” offer. By doing so, if the first deal fell through, we would be next in line – the home [...]

Continue reading about We (still) didn’t get the house, but check out the carnival!

Michael on July 27th, 2009
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My wife and I bid on a house last weekend.
You: Did you get it?
You have to hear the story first.
You: But I’m excited! Did you get the house? Where is it?
# # # #
You might recall that my wife and I have had several discussions [...]

Continue reading about Bidding on a House

Michael on July 20th, 2009
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This week’s Carnival of Personal Finance features Free Money Finance’s post The Cost of a New Home.  As you know, my wife and I began looking for a home earlier this summer, hired a buyer’s agent, and have debated the merits of location vs. home quality.
Free Money Finance is also looking for a home.  He [...]

Continue reading about Mortgage Free But Looking for a Home – A Little

Michael on July 15th, 2009
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This is the third article in a series about my and my wife’s decision to purchase a home.  The first two articles are:

Buying a house
Looking for a Home: Location vs. House

When my wife and I decided to look for a home, we took two initial steps:

Finding a buyer’s agent (the topic for today’s post)
Getting [...]

Continue reading about How and Why to Choose a Buyer’s Agent

Michael on July 8th, 2009
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Last week, I mentioned that my wife and I had recently started the home buying process. I asked if you cared. You said yes.
You: I did?
Yes, it’s in the comments – honest! Anyway, here’s one of several posts on the home buying topic from which I hope to both provide an education.
What Matters [...]

Continue reading about Looking for a Home: Location vs. House

Michael on June 30th, 2009
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So my wife and I are starting to shop for a home.  We’ve never owned a home before.  We almost did twice before, in two different states and in what seems like two different lifetimes ago.  For a variety of reasons, it didn’t happen either time, but I’m pretty sure it will this time.
You: What [...]

Continue reading about Buying a house

It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
Coincidentally, I received the following two questions less than five minutes apart:
You signed my book at the ING DIRECT cafe in Chicago some time ago.  In [...]

Continue reading about Friday Q & A: Where to Put Your Future House Down Payment Money Today

In conjunction with what has turned into what could be the world’s largest Q & A session on the first time home buyer tax credit (a fact I have not attempted to verify), I recently wrote about the 7 Things You Need to Know About the Home Buyer Tax Credit at Mint.com.
You may already realize [...]

Continue reading about 7 Things You Need to Know About the Home Buyer Tax Credit

Michael on May 22nd, 2009
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question. The questions about the first time home buyer tax credit keep coming so this week we’re including two on the topic.  If you have your [...]

Continue reading about Friday Q & A: First Time Home Buyer Tax Credit