Shari Fulmer, Real Estate Broker
Follow me!
  • Home
  • About
  • Why Choose Me?
  • Sellers
    • The Commission Question
    • Top 10 Pricing Tips
  • Buyers
    • Buyer Services
  • Blog
  • The Corey Cares Project
  • Resources
  • Contact

Sunday Story #17

10/25/2020

0 Comments

 
Picture
On this crisp and pretty fall morning, I'm thinking about the future. On a grand scale.

I have a client who has been searching for a "move up" home for awhile, and has been watching the prices rise before his eyes. This got him thinking about whether any of his children would be able to afford a home for themselves down the line.

In fact, he's so concerned that he's considering pivoting the plan from buying a family home, to buying a rental property, so he'll be able to help the kids out from the proceeds of that when the time comes. Given that his kids are all between the ages of 10 & 15, this could be a great plan for them.

I often run into younger people that need a little help with their down payment to buy their first home. The Bank of Mom & Dad sometimes steps in with a cash gift, which works out great for the buyer. But, I often wonder if it's always a good idea for the parents.

I've seen two cases recently where the parents helped out in a BIG way, by using the proceeds from selling their own home. In both cases, the parents were heading into retirement, and, in both cases, that plan was compromised. One was not able to retire at all, and the other has a very different retirement than they planned.

So, I'd like to suggest that if this is something you'd like to do in future, perhaps you could (and should) plan for that now?

If your son or daughter is over 18, perhaps buying an investment property together would have the added bonus of teaching responsibility, along with establishing a great credit rating for them. And, you'd be able to recoup your costs as well. A win/win really.

There are all kinds of creative ways to help out financially, this is just one. But, they all take some good planning to be a win on both sides.

Cheers to your kids future! AND yours!
0 Comments

Sunday Story #16

10/12/2020

0 Comments

 
Picture
Yes, I know it's Monday, but, it's kinda like a Sunday today!
I spent a large part of last week in the future. I've been creating my 2021 Calendar, I think my sixth one, and I'm taking it in a new direction.
We do need a new direction for 2021 don't we?
I'm not sure how much of the inspiration came from Thanksgiving, and how much came from Corey the Corona Cat being a very poor office assistant, but, we are feeling very thankful this year, and we'd like to spread some of that around. So, Corey has been promoted to CEO of the "Corey Cares" project.
Next year, the calendar will highlight a different charity every month that could use some help. Many rely on their annual events to raise money, and, as we know, those had to be cancelled this year. So, we thought that all of us could take a few "kitten steps" to help out. And, have a little fun along the way!
Corey has a few favourites of course. As you know, he came to us homeless and hungry, and he'd like to let you know that there is an entire network of pet food banks out there. (I had no idea!) Did you know that human food banks will also accept pet food? Corey isn't especially fond of dogs, but, he does enjoy watching them from the safety of his window perch, so, dog food is encouraged too. Why not pick up an extra can, or, donate that food you tried that your furry friend wouldn't eat? I'd be happy to pick up & deliver your donations along the way.
We'd also like to hear about your favourite charities. Do you have a "kitten step" idea to share? The more, the merrier!!
Happy ThanksGIVING to all!!
0 Comments

Sunday Story #15

10/4/2020

0 Comments

 
Picture
Some weeks, I know what I'll write about on Sunday morning. This was not one of those weeks.
As I looked through my photos, I came across this crooked kitchen, and it seemed to perfectly represent my week. A bit off kilter, and a little bit dizzying.
It was a long and winding road to get to Sunday. Literally. I put in many miles in and around both City and countryside, and, I have a mountain of dishes to let me know I haven't been home much. Some weeks are just like that in my world.
Weeks like this always leave me wondering if I accomplished anything. So, I had to dig through my daytimer (yes, I still use paper!) to recall everything that happened, and find those little nuggets of progress.
I got to spend some real quality time with some truly interesting & creative people, got to walk a 10 acre property on a beautiful fall day, met with my home inspector for the first time in a year (not many inspections happen in this market!), rented out my apartment, and got inspired for a cool new project.
It was one of those weeks that seemed a whirlwind on the surface, but, was actually very nice. There really was no rushing around, just constant movement.
Even though it was a crooked road, it was also pretty satisfying as I look back on it. Except for the mountain of dishes on my counter this morning, lol.
0 Comments

    Shari Fulmer

    Shari is a real estate broker representing Peak Professionals Realty Inc., in London Ontario. She can be reached at www.sfulmer244@aol.com or  519-649-1888

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    July 2020
    June 2020
    May 2020

    RSS Feed

Picture

Shari Fulmer, Broker

Office: 519-649-1888 . Direct: 519-670-3368
                      sfulmer244@aol.com
                            931 Oxford St. E., London ON  N5Y 3K1