Your Personal Economy – The Bottom Line that Matters Most

Recently on a television commercial for some financial product or other, I heard the phrase, “your personal economy” mentioned. This term refers to the idea that every person- and every family, has an individual financial outlook as unique as a fingerprint. This concept has stuck with me, and I wanted to share my thoughts on what this means for me- and for you, in terms of major financial decision making, including important Real Estate decisions.

While I choose to embrace optimism in terms of the future of the United States (and world) economy, I am also a realist; I know folks who are struggling to find work, and families who are trying to keep on top of the bills, and not always successfully. The media also does a fine job of reminding us daily of the ‘abysmal situation.’ Fear mongering, hopelessness, and dire statistics tend to sour the taste of my morning coffee.

The truth- some people are struggling. Some people are coasting along at the same level of income and expenses they’ve had for the past few years, with reasonably secure jobs. Some people are actually doing great financially- they’ve gotten raises, gotten better jobs, or taken control of their finances by balancing their personal or family budgets…

If you are in the category of “holding steady” or maybe even “doing great”, I have some good news for you! Your Personal Economic Outlook is bright. Hang in there- you have every reason to believe things will continue to remain even-keel, or even get better and better. Wow. Betcha haven’t seen anything like that on the news or in print lately.

I am pretty enthusiastic about the personal economy of many of my clients and friends. It is refreshing to realize that if we just quit looking down and thinking down and actually LOOK AROUND, there is reason to hope. There is reason to smile. There is reason to move confidently forward in regard to important financial decisions, including Real Estate purchase and sales.

Call or drop me a line. I’d love to talk shop, or talk about your personal economy. If you are doing well, cheers to you! If you are seeking solutions to mortgage-related challenges, Let me walk you through the options. You’ve got options, choices, and you definitely have reason to hope.

Jack Meyers         jackestate@aol.com         303.263.3050

The $5,935 House

The recent President’s Day holiday got me thinking about history. Specifically the historical cost of living in America. Take a look at the cost of “the basics” 100 years ago.

In 1912:

The average house cost: $5,935

The average car cost: $690                                                                                                                                                                                                                                                                                                                                                                                         **As ofthe 1920’s only 1 in 5 Americans owned a car – today there are an average of 2.28 vehicles owned per household in our country!

The average annual wage: $564

Last year’s averages:

House: $218,200

Car: $28,150

Annual Wage: $44,670

Check out www.TheCostofLiving.com for a searchable database of the cost of living in America year by year.

While the law of averages makes for interesting conversation, the law of Home Valuation is a fine art. Every neighborhood is different; a Current Market Analysis conducted by an experienced, licensed real estate professional is invaluable in making important decisions about your home. Call me or drop a line to request a Current Market Analysis of your property. Whether you are considering a move, considering your options, or simply curious about the value of your home in today’s market, I am happy to provide a detailed Current Market Analysis of your property.

Jack Meyers            jackestate@aol.com                303.263.3050

Foreclosure – Cross it Off Your List

We give up.

We’re out of options.

We are letting our home go into foreclosure.

If you make a habit out of watching the “bad news” on a nightly basis, reading dire predictions in the paper, or listening to the couple in line behind you at Starbucks, you might believe that foreclosure is a viable solution, or even the only solution, to your financial woes.
In reality, foreclosure is not the only option, not the best option, and definitely not an EASY BUTTON for your financial challenges.

Next month I’ll close my 50th successful SHORT SALE.                                                                                                                                                                    These folks were once in the same boat as someone you know, or maybe even you: Life happened, the money ran out, and the house payment was no longer manageable. Every homeowner considering foreclosure has a unique story- a unique set of circumstances that has led them to struggle financially, or become so far upside down in their property that a traditional home sale is not possible.

My professional goal is to assist struggling homeowners with expert advice, knowledge, and experience in the Short Sale market. Your financial situation may seem complicated, but help is available. Call me for answers to your questions about the Short Sale process. You have choices, and you have options. Call or email to learn more.

Jack Meyers                                                                                                                                                                                                                                                                                jackestate@aol.com                                                                                                                                                                                                                                                                     303.263.3050