With her public announcement of her cancer diagnosis, Catherine, Princess of Wales, put an end to the many theories and conjectures that had been making the rounds in the media ever since her scheduled abdominal surgery.
She stated in the video that tests performed by the doctors after her surgery revealed the malignancy. She went on to say that before telling the public, she and William needed some time to break the news to their kids.
Royal analysts surmise that Kate had a purpose in releasing the film on Friday at 6 p.m., as their kids’ school had already ended and they wouldn’t be confronted with inquiries about it right away from their peers.
A palace source told the Times, “George is ten now and can’t be shielded from any of this now.””He won’t be able to avoid it once it’s in the school playground and at the school gate.”
Grant Harrold, the former butler of King Charles, claims that when Kate and William informed the kids about her disease, they approached each child differently. He thinks that when they told Prince Louis about her health problems, the couple probably “sugarcoated” them.
Grant Harrold told the NY Post, “I’m sure it was a very difficult and very different conversation between children.””I’m sure the conversation with Louis was more sugarcoated than it was with George and Charlotte, for example.”
“The older children can understand more, so I’d imagine it was a little more frank but undoubtedly staying positive, which is so important,” the former butler went on.
This explains why you now cry when you see the photo of Kate with her three kids. It’s important for any mother to have that talk, and you can bet Charlotte and George will be there to support her.
Louis is too little to comprehend her mother’s situation, he continued.
It’s a challenging one. He told the NY Post, “I’m sure the kids will handle it as any kids would be expected to handle it, but I think that will rub off on the kids because their parents are very good at being calm and collected.”
The kids will spend Easter break with their parents at Anmer Hall on the Sandringham Estate, where they may go egg hunting and have fun.
Easter Sunday mass will probably be attended by King Charles and Queen Camilla, but not by the family.
Danielle Stacey, the royal expert for Hello! Magazine, stated, “It’s understood that King Charles may attend a church service on Easter Sunday with a smaller royal turnout if his health allows it.”
“As he continues his cancer treatment, Charles has minimized his contact with larger crowds to reduce risks,” the spokesperson added. “The King has performed for small audiences at Buckingham Palace, but he hasn’t gone to any major events since receiving the diagnosis, like the Commonwealth Day service, the Korean War Veterans’ reception last week, or the late King Constantine’s memorial in Windsor last month.”
About 110 miles outside of London is the Norfolk country estate known as Anmer Hall, where the Princess of Wales is believed to feel “most at home.”
She previously stated that she is happiest “outside in the countryside with my family.”
She would be creating Easter cakes with the kids, and they would be decorating them with Cadbury eggs.
Three years ago, it was said that the children surprised Queen Elizabeth and Prince Philip with “personalized Easter eggs, which they made and decorated themselves.”Grandpa Charles and Step-Grandmother Camilla will probably get one of them this year.
As previously indicated, their parents host an annual Easter egg hunt in which George, Charlotte, and Louis will participate.
“It was a real treat because they don’t let George, Charlotte, and Louis have chocolate and sweets every day,” the insider told Us Weekly.
In addition to playing tennis and going on family bike excursions, George and Charlotte also enjoy taking horseback riding lessons. Charlotte shares her great-grandmother’s obsession for horses. It’s her preferred pastime.
For Kate, spending time with her kids has always been a blessing.
“She constantly says that having her family around helps her get through tough times, and the kids always make her day happier. The Us Weekly source continued, “She feels incredibly fortunate to have her children and a wonderful family.
Thus far, Prince George has not experienced any negative effects from royal news. However, it’s possible that his mother’s illness will, regrettably, be his first introduction to the responsibilities of being a member of the royal family.
According to royal analyst Sarah Vine, Kate Middleton and William are “lucky” that their kids are still “quite young,” as it would be more difficult to keep them safe from finding out about their mother’s diagnosis online if they were older.
“It’s imperative to attempt to manage the kids because they will undoubtedly have a lot of questions and it’s just really scary knowing that your mother is ill,” she said.
“Plus, kids on the playground are cruel, so it’s better that it’s not exposed to the kids on the playground just yet,” co-host Andrew Pierce continued.
How to Own Your Dream Home
For most people, their first home isn’t their dream home. It starts off nice enough. But as time goes by and your family grows, starter homes tend to get a little . . . cramped.
But don’t hate on your current home too much. Because while it gave you a safe and dry place to lay your head at night, it was also setting you up to own your dream home someday.
We’ll show you how it all works and walk you through the steps that’ll get you in your dream home—one you can actually afford!
How to Get Your Dream Home in 5 Steps
Here are the steps:
- Follow the Financial Basics
- Find Out How Much Equity You Have
- Set Your New Home-Buying Budget
- Find the Right Dream Home for You
- Be Picky and Patient
Now let’s cover each step in more detail.
Step 1: Follow the Financial Basics
First thing’s first—you have to get out of debt, get on a budget, and build up an emergency fund of 3–6 months of expenses. Sounds pretty basic, right? If you haven’t completed these steps, then you’re not ready to upgrade to your dream home . . . yet.
Now, when you’ve got house fever, it can be hard to focus on paying off debt or saving an emergency fund before you upgrade your home—especially when you’re feeling the pressure of rising home prices and interest rates.
But whether it’s your second or third house, you should only buy a home when you’ve covered the financial basics we mentioned above. Then you’ll be ready to start the journey toward owning your dream house.
And that journey starts with your home equity. What’s equity? Well, we’re glad you asked . . . that brings us to the next step.
Step 2: Find Out How Much Equity You Have
Home equity is a pretty simple concept: It’s your current home’s value minus whatever you still owe on your mortgage.
See, in most cases, your home’s value increases over time. Similar to other long-term investments (like retirement accounts), homes gradually increase in value. There have been periods of ups and downs in the market to be sure, but the value of real estate has consistently gone up. According to the St. Louis Federal Reserve, the average sale price of a home has increased over 2,300% from 1965 to 2023! And in the last ten years (2013 to 2023), there’s been a 68% increase.1 As your home increases in value, so does your equity. In real estate terms, this is called appreciation.
Other factors that increase your home’s equity include:
- Added value: Home improvement projects like adding square footage, updating fixtures and appliances, or even just slapping on a new coat of paint can add value to your home.
- Mortgage paydown: Paying down your mortgage not only gets you out of debt faster, it also builds your equity. The less you owe on your home, the more equity you have.
The amount of equity you have gives you a pretty good idea of how much money you’ll end up with after selling your house. You can use that money to make a hefty down payment and cover the other costs that come with buying a home.
Find expert agents to help you buy your home.
So, how do you determine your home’s value? Well, you can get a ballpark estimate on real estate websites like Zillow, ask a trusted real estate agent to perform a competitive market analysis (which they’ll do anyway if they’re helping you sell your house), or get a professional appraisal.
Finding out your home’s equity will involve a little math, but it’s third-grade-level stuff, so don’t sweat it.
Here’s what we mean. Let’s say your home’s current value is $355,000. When you sell that house, you’ll have to pay for between 1–3% of the sale price in closing costs, another 6% in fees for the real estate agent who helped you sell it, and whatever’s left to pay off on your mortgage.
That means you can estimate clearing over $223,000 from selling your house. That’s a killer down payment on your dream home! And if your home is paid off, that’s even more money to put down and use to pay for things like repairs and moving expenses.
Step 3: Set Your Dream Home Budget
Once you know how much you’ll clear from the sale of your home, you can start making a budget for your dream home.
The key to owning your dream home (instead of it owning you) is to keep your mortgage payment to no more than 25% of your take-home pay on a 15-year fixed-rate mortgage, along with paying a down payment of at least 20% to avoid private mortgage insurance (PMI). Never get a 30-year mortgage even if the bank offers it (and they will). You’d pay a fortune in interest—money that should go toward building your wealth, not the bank’s.
So, let’s say your take-home pay is $4,800 a month. That means your monthly mortgage payment shouldn’t be any bigger than $1,200. By the way, that 25% figure should also include other home fees collected every month with the mortgage payment like homeowners association (HOA) fees, insurance premiums and property taxes.
Plug your numbers into our mortgage calculator to see how much house you can afford.
And don’t forget to budget for all those other costs that come with the home-buying process in addition to your closing fees—things like moving expenses and any upgrades or repairs you might need to make. You don’t want these hidden costs to catch you off guard or drain your emergency fund.
Step 4: Find the Right Dream Home for You
This is where things get real. After all your hard work building up your equity (and doing a lot of math—don’t forget that), you’re finally ready to start the house hunt. Woo-hoo!
But don’t lose focus. Stay zoned in by making a list of features that make a home fit your budget, lifestyle and dreams—and stick to it throughout your house hunt. Here are a few ideas to get you started.
- Don’t compromise on location and layout. If you plan to be in this home for the long haul, an out-of-the-way neighborhood or a wacky floor plan is a deal breaker. Look for a community and layout that’ll suit your lifestyle now and for years to come.
- Think about how much space your family needs. While your budget has the final say about how much home you buy, you’ll want your dream home to fit your family’s needs through different life seasons.
- Consider the school districts. If you have or want kids, the quality of the nearby school districts is probably already on your mind. But even if you don’t have kids or you’re retired, keep in mind that having good schools nearby could increase your home’s value.
- Look for a house that’ll grow in value. Are home values rising in the area? Is the number of businesses going up? These factors can help you figure out whether your dream home will turn into a good investment.
- Count the costs. Want that fancy master bathroom with the multiple showerheads and the Jacuzzi tub? Be clear on what’s a must-have and what’s nice to have. And don’t forget, upgraded features like that will make your dream home more expensive.
Step 5: Be Picky and Patient
We know you’re anxious to get into those new digs, but be patient. Wait for the right house at the right time. Don’t spend your money on a less-than-ideal home just because you’re tired of looking.
The key is finding a good real estate agent who understands your budget and refuses to settle for “good enough.” They’re as committed to your dream as you are and will have your back throughout the entire process, no matter what it takes.
In addition to teaming up with a great real estate agent, you can take a couple of extra steps to make sure you’re ready to strike as soon as the right home comes up:
- Get preapproved for a 15-year fixed-rate mortgage. Having preapproved financing is a green flag for sellers—especially in multiple offer situations. And because this puts most of your information in the lender’s system, you’ll be on the fast track to closing once your offer is accepted.
- Offer earnest money with your bid. Earnest money is a deposit to show you’re truly interested in a home. Usually it’s 1–2% of the home’s purchase price and it’s applied to your down payment or closing costs. Even if the deal falls through, you can almost always get most of it back.
Find a Real Estate Expert in Your Local Market
Now, you might be thinking you have some work to do before you’re ready to find your dream home. Or you may be realizing your years of hard work are about to pay off! Regardless, if you follow these steps, you’ll find the house you’ve always wanted and avoid a purchase you’ll regret.
Once you’re ready, connect with one of our RamseyTrusted real estate agents. These are high-performing agents who do business the Ramsey way and share your values so you can rest easy knowing the search for your dream home is in the right hands.
Find the only real estate agents in your area we trust, and start the hunt for your dream home!
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