Helena Talbot's blog - What You Must Know About Disclosures Before Selling Your Home

I don’t just mean the big purchases, but every single penny?  In order to succeed, you must!  In reality, you should need to vicious.  Try looking at this case in another way.  Let’s say that you receive a paycheck every week for $1000.  You open the envelope each week and there you find the $1000 check.  But one week, when you open the envelope, you find only $900.

What would you do?  I suspect that you would be on the phone and finding out where the missing money went.  I want you to become as attentive to your outflow as you are to your inflow!

The first thing you will need to do is take the time to list out your fixed and flexible expenses.  Fixed expenses are items such as rent, mortgage, car payment and other regular installment payments that basically stay the same each month and for which you are committed for a period of time. Flexible expenses are the expenses that change from month to month such as food, clothing, and utilities. You have a bit more control over some of these items.

In order to create residual income, you are going to have to create an asset base, and to do so, you will have to consider reallocating your expenses.  You will need to pay yourself first and NEVER dip into your asset money.  Never, ever spend the principle.  Don’t say you don’t have enough money. If you do, shame on you!  Do something about it.  Make more or spend less.  This needs to be a zero sum game to some extent.

This means that you are going to have to take a look at how you are spending your money.  Yes, every penny.  As a people, Americans over consume.  I am not suggesting that you should take draconian measures and live like a pauper for the rest of your life, but it may be necessary to make some adjustments.

I specialize in helping buyers and sellers invest in real estate in Loudoun County and Northern Virginia. 

I have over 25 years experience in the real estate industry.  As a Broker/Owner with Exit Realty Talbot and Company, I bring special tools and solutions that enable me to exceed the expectations of my clientele.  If you are considering listing your property in Loudoun County or the nearby areas, ask me about our latest internet marketing systems.  I would appreciate the opportunity to earn your business.  I am experienced in listing and selling short sales.  For information on the short sale process, please visit  www.LoudounShortSaleSolutions.com.

My past awards and designations include – 2003 President of the Dulles Association of Realtors, 2003 Dulles Area Assoc Realtor of the Year, Salesperson of the year 2000 Dulles Area Assoc of Realtors,  Top Producer awards from both the Dulles Area Association and the Northern Virginia Association of Realtors.  I am a member of the Top 5 in Real Estate Network.

I have lived in Loudoun County since 1979.  I am married with two grown children and two grandchildren.  My son in law is my business partner in real estate.  I love to jog in the mornings and spend time relaxing on my Trawler during the summer months.

Loudoun County and Northern Virginia Real Estate Sales and Solutions – Helena Talbot, Broker. I specialize in helping buyers and sellers invest in real estate in the Northern Virginia area to include Loudoun County and surrounding areas including Fairfax, Clarke, Fauquier, Prince William  Counties.  Our local neighborhoods include Leesburg, Ashburn, Sterling, Potomac Falls, Brambleton, Broadlands, Lansdowne, River Creek, Belmont Country Club, Beacon Hill, Shenstone, Waterford, Lovettsville, Purcellville, Hamilton, Round Hill and Bluemont.                        Cell 703.727.9885    Office 703.574.3800   www.facebook.com/LoudounCountyConnect  www.twitter.com/ExitAshburn  www.Linkedin.com/in/HelenaTalbot