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Becoming a Wealthy Woman By Overcoming a Poverty Mindset

Friday Nov 24th, 2017

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We are who we think we are. You demonstrate a poverty mindset when you view the world through the lens of someone in poverty instead of the wealthy woman you really are. Those who SEE themselves as wealthy and prosperous without a shadow of a doubt BEFORE it happens, are almost guaranteed to experience it in reality.   Symptoms of a poverty mindset   Spend a vast majority of your time focusing on entertainment and entertainers lives. Spend an excessive... [read more]

Bounty Of The Season Thanksgiving Decor

Wednesday Nov 22nd, 2017

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Thanksgiving marks the beginning of the holiday season, a time spent with family and friends. Using the natural bounty available at this time of year is a great, inexpensive, and environmentally friendly option for decorating for the holidays. Here are a few creative ideas for your Thanksgiving decorating!   Harvest Vegetables   The vegetables that are available during the harvest season are not only great to eat, but are also a beautiful and inexpensive way to decorate... [read more]

4 Reasons Your Friends Are Crazy Wrong If They're Telling You Not to Buy

Monday Nov 20th, 2017

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The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a first-time home or a move-up home) makes absolutely no sense from an affordability standpoint. They are wrong! Homes are more affordable right now than at almost any time in our country’s history except for the foreclosure years (2009-2015) when homes sold at major discounts. As an example,... [read more]

Warm Up to 13 Cold Hard Facts of Home Buying

Wednesday Nov 01st, 2017

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Knowing the honest truth prior to buying a home will ensure that your home buying experience will be a joyful one, while keeping stress to a minimum.   1. You MUST be Pre Approved – A critical first step. As a Buyer, you need to know your home buying power (how much home you can afford). The only way to do this is to get pre-approved  Pre-approval requires a mortgage lender to review your credit,  income, and assets. This is not a casual conversation with a lender... [read more]

Single Mothers : Manage The Cost Of Having Kids

Friday Oct 27th, 2017

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Having been a single parent, I truly understand the cost of raising kids as well as the need to properly plan. I’ve done somethings right and some wrong. But I share this information with you to help you avoid some pitfalls, and to share some of the knowledge I’ve acquired over the years.   Raising kids isn’t cheap. According to the U.S. Department of Agriculture (USDA), the cost (in today’s dollars) of raising  for a baby born in 2015 through age 17 for... [read more]

Yes - A Real Estate Contract Is A Legal and Binding Contract

Wednesday Oct 25th, 2017

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Recently, I’ve been surprised at the number of buyers who do not seem to understand that a real estate contract is a legal and binding contract the same as any other contract. Some buyers seem to think that it’s like shopping for a pair of shoes they see some other shoes they want so they just return the pair they previously purchased and obtain a refund. Still, other buyers think it’s okay to go under contract and cancel during the inspection period because they see another... [read more]

After Filing for Chapter 13 Bankruptcy, You Can Buy a Home Sooner Than You Think

Monday Oct 23rd, 2017

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It's natural to wonder whether you'll be able to buy a home after you’ve filed bankruptcy. After all, everyone has to live somewhere—even those who have turned to the court system for help with handling their debts. Applying for bankruptcy will affect your credit history for years to come and can make getting approved for housing a challenge. But will a bankruptcy quash your chances of ever owning a home? The answer to that question is unequivocally - NO.   Many... [read more]

It's Almost Tax Time - Turn Your Tax Refund Into A Down Payment

Wednesday Oct 18th, 2017

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I spoke with 2 clients this week and another 2 or so in the week past. They all had the desire to purchase  homes in the immediate future. All were otherwise qualified, but lacked the funds for a down payment. They did not meet the criteria to obtain down payment assistance. Obtaining the funds from their 401K, borrowing against the cash value on an insurance policy, or obtaining a gift from a family member were also not options. During these conversations the potential buyers became... [read more]

Rehab - Renew: How To Buy A Home With A Renovation Loan

Tuesday Oct 10th, 2017

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  Welcome to Mortgage Mondays.   A couple of weeks ago I posted that you could ask me me mortgage questions and I would write a post to answer your question. Although I know there has to be many people out there with questions only one person responded to the post with a question. Here’s what she asked as well as my answer and a ton of information on the topic. The Question I have found a house, but it needs some repairs and the seller won’t be doing any... [read more]

Attention Black Women - Why Your 401K Won’t Be Enough

Friday Sep 29th, 2017

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Over the years I have had several conversations with friends and family members whom thought they would be secure in retirement because they have their 401(k). However, by way of my profession I was able to determine that for most women their 401(K) would not be nearly enough during retirement. As my peers and I have aged I see many of them are starting to di scover what I’ve known for quite some time - their 401K will not be enough.   Your 401(k) is a great way to start... [read more]

Don't Put The Car Before The House

Wednesday Sep 27th, 2017

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That new car or almost new car smell is intoxicating. So intoxicating that you may forget to smell the roses.   While a car salesman may tell you they can get you approved for that new or slightly new luxury car. At no time will you see a disclosure or receive a word of caution that financing that car could hurt your future chances for buying a home. At no time will anyone tell you that it's possible you could be stuck for  for the several years building wealth for your... [read more]

6 Low Down Payment Home Loan Options

Monday Sep 25th, 2017

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Happy Mortgage Monday.   If you're tired of renting and would like to buy a home to start building wealth for you and your family. But you’ve found saving for a down payment to be an obstacle. Keep reading this article is for you.   YOU DO NOT NEED A 20% DOWN PAYMENT   You don’t need a huge down payment to get a mortgage. Nor do you need a very high income or credit score. There are many low down payment home loan programs out there that make... [read more]

The Dos And Don'ts Of Buying A Home With Bad Credit

Tuesday Sep 19th, 2017

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While it is commonplace for consumers to think you can’t buy a home with bad credit. That is not an altogether true statement.   You may need to provide a written explanation in regards to your credit issues, have a higher down payment requirement, a slightly higher interest rate, or jump through a few more hoops in general,  but you CAN buy a home.   If you are willing to do the work you can  realize your dream of homeownership and start building wealth... [read more]

For A First Time Home Buyer: The Struggle is Real

Tuesday Sep 05th, 2017

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Although the idea of buying your first home is exciting, the reality can be another thing altogether. Whatever age you are as a first home buyer, the struggle is real. When it comes to saving for a down payment and closing cost, finding the property you want within your budget and being able to pay the mortgage, our brains go into struggle mode. Don’t give up just because it seems hard. It is possible and if you follow these tips and stay committed to your goals, you too can become a... [read more]

Mortgage Brokers Vs Banks and Everybody Else

Monday Sep 04th, 2017

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Welcome to Mortgage Mondays!   We will share up to date mortgage market information and news every Monday.   You need a mortgage loan and in your search you’ve encountered mortgage lenders, banks, credit unions, and mortgage brokers.   Is there a difference? You’re not really sure.   Let’s start by addressing the elephant in the room. I of course would be partial to mortgage brokers because I am one. However, setting aside the... [read more]

I Want To Own A Home In Atlanta, But Is Renting Less Expensive?

Wednesday May 31st, 2017

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  "I Want To Own A Home In Atlanta, But Is Renting Less Expensive?" This was a question posed by one potential home buyer at a recent home buyer workshop.   People often ask if now is a good time to buy a home, but nobody ever asks when is a good time to rent. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. Rents Are On The Rise The Census Bureau recently released their 2017 first quarter median rent... [read more]

Foreclosure v.s. Power of Sale

Tuesday Dec 27th, 2016

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In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]

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