Tag Archives: home

Unreal estate. Mortgage-backed insecurities. And so on.

Looks a bit like a headstone, doesn't it?

I spent a couple of hours last week on the phone with two money lenders, one in California and one in Michigan. I’ve known I would eventually need to refinance the mortgage on my one-bedroom condo since I first got my mortgage. This, everyone assured me at the time, would be no big deal.

I’ve been putting it off, at my own expense, obviously, because I find this nexus of subjects — real estate, money, permanence — at once tedious and unfathomable and kind of morbid. I know people who spent years boning up on this stuff before buying a residence, or, you know, diving into the market — mature, financially responsible adults who pay attention to interest rates and property values the way I pay attention to what bands are coming to town. For them home-buying is a long-term, consuming occupation, the way planning a wedding is for other people. (Well, a lot of the same people, probably.) While mastering some 101-level finance is surely due diligence for the biggest monetary commitment most folks of my socioeconomic pedigree ever make, it never interested me. Yes, I do know. And I’m sorry. The brain wants what the brain wants. Continue reading