Today’s Cost of Living Can Change Everything

“Hi Joe
Long time no talk, hope all is good with you.

If you recall we purchased a home in North Carolina a few years ago with plans to move down there once we both retired. Well, that was the plan, but not happening. We need to keep working for at least another 5 years.

Our plan at this point is to sell our current home and buy something smaller, and we need your assistance again. Let me know what you need from us in order to do a new mortgage.”

This is the second time this week someone is telling me they can’t retire when they had hoped.

Inflation and the cost of living has changed a lot of current and future plans.

Folks are figuring out ways to reduce their monthly spending, often consolidating credit card or installment debts and figuring out ways to reduce expenses.

There are options available for folks that are struggling in this economic environment.

• A home equity line of credit (HELOC) in many cases will help a lot. With home values having increased in the past few years, you might have more equity available than you realize.
• Or if debt consolidation might help you, let me know. High-interest debt is a killer, and consolidating high interest can make a big difference.

Get in touch if you or someone you know needs help with mortgage financing, obtaining a home equity line of credit, debt consolidation, or anything else!