5 tips for surviving when your adult kids move back home (and get them on track to move out)
by Micah Ruddell
I’m glad you’re here!
I’ve put together a nice assortment of bite-sized pieces of real estate news, entertainment, and resources I think you’re going to enjoy. (And maybe even learn a thing or two you never knew you wanted to know!)
Here’s a sneak peek at what’s on tap:
• Well, this is shocking news!
• Think student loans are keeping young adults from buying homes?
• 5 tips for surviving when your adult kids move back home
But first, let’s start it off with my…
Meme of the Week
Usually it’s a new car we’re warning buyers about at this point… but yes, a yacht is definitely on the list too. 😄
Well, this is shocking news!
If you have a teenager who spends a little more time barricaded in their bedroom playing video games than you’d like, here’s something that may encourage them to come out every once in a while.
A Texas teen was recently playing video games in his bedroom during a thunderstorm when lightning struck near his home, traveled through the electrical system, and shocked him through a metal piece of his desk that was touching his body.
Fortunately, he was checked out by emergency responders and didn’t even need to go to the hospital.
Think student loans are keeping young adults from buying homes?
If you ask younger adults what debt is most likely to stand between them and buying a home, many would probably say their student loans.
It’s easy to understand why. College is expensive, and those loan balances can feel enormous when you’re just starting out.
But according to a recent survey of mortgage loan officers, student loans aren’t actually the type of debt most commonly preventing first-time buyers from qualifying for a mortgage.
I recently published an article revealing what is… and it’s something younger buyers have a lot more control over than they may realize.
Thinking About Buying Your First Home?
Whether you’re eager and excited or nervous and not entirely convinced that buying a home is the right move for you, this booklet will help you figure it out.
I’m sure you have plenty on your mind and a lot to consider. That’s why I kept this booklet as concise as possible. It will definitely save you a lot of time, headaches, and possibly costs as you move forward with your first home purchase.
I get that question a lot, and I’m always happy to answer it! But there’s no one-size-fits-all answer. That’s why this newsletter doesn’t include weekly stats or price updates.
Besides, most people don’t care about real estate data until it actually matters to them. So instead of stats, I just try to keep this fun and entertaining.
Curious about a specific house? Wonder what your place is worth? Or just want a quick market snapshot?
Just hit reply and ask me! I’m always glad to give you any information, thoughts, or data you want. (And of course, no obligation or pressure! I love any opportunity to talk about the market.)
Trivia Time
Which Brady Bunch star got an early start investing in real estate, buying a home at just 11 years old?
5 tips for surviving when your adult kids move back home
Of course you love your kids. And if they ever need to move back home for a while, there’s a good chance you’ll be happy to have them.
But that doesn’t necessarily mean you want them living there forever! 😄
Whether they’re trying to save money, get back on their feet, or hopefully put themselves in a position to buy a place of their own, here are 5 tips for surviving the arrangement while helping them get on track to move back out again.
The fact is…
This is one of the reasons I take so much pride in helping first-time buyers find a place they can call home for years to come.
That wraps it up for this week!
Be on the lookout for the next one!
Micah & Sandra Ruddell
REALTOR®
CENTURY 21® Heritage Realty
903-649-3147
mruddell75@gmail.com
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