Is 58 too old to buy my first home?
Dear Pete, My husband and I are wanting to purchase our first home. We are 58 years old and are concerned that we are too old, and will have a hard time getting a mortgage. Should we buy or continue to lease?…
Category Archives: Homeownership
Reflection – Ep. 330: Is a HELOC the Winning Option?
If you haven’t been able to tell by now, The PTP Team has grown in recent weeks. Now, here on the blog, we’re aiming to provide additional perspectives using Pete’s & Damian’s expertises. In this Reflections series, the goal isn’t…
Before buying your parents’ house, calculate its effect on retirement
Dear Pete, My wife’s parents are moving to a retirement community and would like to sell us their house. The house would be about $45,000 more than ours and has some charming features. It needs a lot of renovation/redecorating ($60-$80K…
Should I Pay Off My Mortgage Before Retirement?
Dear Pete, I have seven years until retirement, and I still owe about $63,000 on my mortgage. My home is slated to be paid off in just under 10 years. I have an extra $750 per month right now, and…
Does it make sense to keep money in a savings account when planning to buy a home?
Hi, First off, thank you for the podcast. I listen to each episode and I appreciate that you make personal finance entertaining! My wife and I live in the Midwest and just welcomed our first child a few months ago….
Why You Don’t Need Perfect Credit
Dear Pete, Currently purchasing a house and I noticed on my credit report that my score is 807. One of the items hurting it is the length of time my accounts have been open. I have a Lowe’s, Home Depot,…
Ep. 293: David
This week on The Pete the Planner Show, we meet David. Currently residing on the west coast, David and his wife recently took a pay cut for her to stay home with their kids. In light of the pay cut,…
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Ep. 291: Raven
This week on The Pete the Planner® Show, we meet Raven. Raven has all the right things going, in all the right places. She’s been actively paying down her student loans and is ready to get serious about her housing…
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Ep. 284: How to cut out eating out
This week on The Pete the Planner® Show, we’re back answering more of your money questions. We’re joined this week by lead financial concierge of Your Money Line, Damian Dunn, and no- Pete and Damian still aren’t related (even though we wish they were.)…
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In-laws Offering to be the Bank, Should We Say Yes?
Hi Pete, My husband and I are in our early 30s, we have a 1-year-old, no debt and we are saving appropriately (savings, retirement through work, investments). We have a 20% down payment for a house in the 200K range….