Single moms usually need jobs that offer some degree of flexibility along with being able to earn enough income to support their families. While some industries suit the needs of a single parent better than others, the tradeoff for more flexible working hours is often accepting a lower salary. Fortunately, there are professions such as working in real estate, sales, public relations, education or health care, which allow a mom going it alone to be available for her children and earn a decent living besides.
Owning a home is a dream for many people that, with some proper planning, can easily become a reality. There are a few necessary items potential buyers will need in order to become homeowners—namely money, knowledge of the local real estate market (or the services of a licensed real estate agent), and patience. Time is another factor. Unless you find the perfect house right away, budget for a minimum of 2 months to find a house and close the deal. It takes an average of 30 to 45 days for a house to close. After that, you must purchase home owner’s insurance and sign a variety of documents. Then the house is yours.
If you’ve ever wanted to see how a celeb mom lives, here is your chance. “Meet the Parents” star Teri Polo, mom of two, is selling her gorgeous Manhattan Beach, California house — and you can check it out online. The Los Angeles Times is showcasing the 3,000 square-foot house, which is going for $2.6 million, on its real estate page.
Home sales in the U.S. are skyrocketing as interest rates remain at historically low levels. In fact, Zillow expects nearly 7 million existing-home sales this year—the most since 2005. With so many prospective homebuyers on the market, you too may be wondering if it’s time to take the plunge into homeownership. Before you begin hunting…