Pristine manicure lawns are tightly woven in a grid like pattern nestled in the heart of a new neighborhood. The flowers are abundant in a masquerade of colors, spilling over the terracotta pots drinking in the sunlight. Sprinklers heads spray the freshly cut grass leaving an aroma that permeates the hot dry air. Brick and stucco define the facade of every house leaving a subtle hint of individuality. These imposing subdivision farms have amassed the fields where farmers use to plow. On every corner a new housing development emerges with decorated placards and lavish common grounds. These placards are engraved with bold names that distinguish each subdivision from the next. The names of theses subdivisions are strikingly bold; reminiscent of famous literary works. Owning a piece of this serenity has suddenly become a reality, and with it comes consequences. Under the surface of the charcoal colored tiled roof, lies a massive amount of debt. Sadly, like many Americans today, buying into the American dream of owning my own home has created a nightmare of financial instability and stress.
I was one of the many who thought that accomplishing my goals early on would secure a brighter future. A future that incorporated a list of wants and needs, I was told I could easily afford. The prevailing question that seemed to linger, was why rent when you could own for the same price? The thought process behind this notion was that paying a landlord was not securing an investment. My trepidations about buying a house were overpowered by the encouragement I received from my many friends, whom where going through the same house purchasing process. Credit approval was done instantaneously, with my financial documentation in order and my mortgage calculated at an affordable rate. I was pre-approved! It wasn’t apparent at that moment in time, that I would later regret those decisions I made, as would many others.
The sun had warmed the sky with a ferocity that stung my skin. I could feel my forehead melting with sweat. Today was the day I would be on the hunt, amongst the other shoppers with their eager realtors in tow. The cool burst of air that traveled through the Mercedes vents had gradually brought my core temperature down to normal. I could see the housing market had its perks for those realtors that scavenged through the plethora of contracts. Judging from the designer hand bag and cell phone that wouldn’t stop buzzing, business had increased at an alarming rate. The housing craze had begun for both sellers, as well as buyers.
It wasn’t uncommon to arrive at a house and find that it was already sold before walking up to the threshold. Merciless buyers anteing the price they were willing to pay left homeowners bargaining with a multitude of offers. This was a war that was hard to defeat. It became clear that there wasn’t much time to waste in making an offer. Homes seemed to move rather quickly, as did my realtor scurrying up...