Determine what you have.
Determine what you want.
Determine what you need and how to get what you want.
Determining what you have -- a financial inventory.
How does one turn what they have into what they want? A plan is usually
a good idea. The shorter term goal of completing a real estate
transaction should have heavy consideration for your overall life plan.
How much "money in
the bank" do you wish to have in the year 2000, 2005, 2010, 2020?
The decisions you make in this transaction are likely to effect your
financial health for the rest of your life. We see too many individual
who try to treat a real estate transaction as though it happens in a
vacuum. Why not make the most of it now, so the rest of your life is
easier?
Inventory
Assets
Your family -- please enter the number of
individuals (including yourself) in your
household
Please enter the dollar value of liquid
assets -- monies that have been in a bank account for longer than 3 months.
Semi-liquid assets --
stocks, bonds, cd's or other securities.
Dollar value of real estate for sale
(if any)
Value of any other real estate
Value of any personal property
you have for sale -- car, boat, etc.
Projected assets to be received
-- if you expect to receive a gift from a relative,
an inheritance, an insurance settlement or other monies please indicate
the dollar value and a brief description of the source.
Income
Yourself
Your primary income is derived from
Have you received a steady income from this source for
Less than two years
More than two years
Enter the dollar amount of your annual
base income. (Please do not include any overtime, bonuses, or other income
here.)
Enter the dollar amount of any other
income and a brief description of where it comes from (overtime, second job, dividends,
interest, social security, pension plan, etc.)
Your Spouse (or co-person)
Please enter any other individual's name you
wish to consider in your plan, and their relationship to you (husband, wife,
mother, etc.)
Their income is derived from
Has your co-person received a steady income from this source for
Less than two years
More than two years
Enter the dollar amount of your annual
base income. (Please do not include any overtime, bonuses, or other income
here.)
Enter the dollar amount of any other
income and a brief description of where it comes from (overtime,
second job, dividends,
interest, social security, pension plan, etc.)
Is there anything else relevant to income?
Liabilities
Monthly auto payment
Monthly minimum required credit card payments
(Even if you pay all credit cards in full each month, try to add together
the "minimum payments" required by each company.
The balance on any mortgage to be
paid-off.
The monthly payment (including taxes,
insurance, mortgage insurance, association fees) on any mortgage that will
not be paid-off.
Any other monthly installment debt or
court ordered obligations
(like personal loans, child support, etc.)
What you want
Housing
When would you like to move?
If you have not already provided us with information on the type of housing
you desire (number of bedrooms, number of bathrooms, garage size, importance
of schools, or other similar information, please do so here
Other Financial Dreams
While you are putting together your short term financial plan, would you like
to consider any of the following long-term plans?
Retirement
and savings plans
Comprehensive Will
Health
insurance
Legal
services
Insurance to pay-off a mortgage in the event of your death
Life
insurance
Well, that wasn't so bad was it? With this information, we can work as a
team to devise a solid plan for your immediate and longer term goals.
Please press the "submit" button. Depending on your desires and the
complexity of your plan, we will contact you as soon as possible.
Thank you.