A policeman’s son befriends a homeless man and his dog and brings them food every day. Then the dog appears unexpectedly and alerts him to an injustice.At twelve, Brian Devlin was small for his age, and not very athletic. His father, Gary, didn’t really understand his shy, bookish son. His son was nothing like him…
He had been a tall, strapping, boisterous boy, always up to his ears in mischief. Gary tried to build his son’s self-confidence, but the harder he tried, the more Brian seemed to pull away.
Brian was smart, that Gary couldn’t deny, and he had a scholarship at a prestigious private college on the other side of town. The boy was scared of taking a bus, but since the school was close to his work, Gary picked him up every afternoon.
Gary was a desk Sargeant at the local precinct, and by the time his work ended at 5:00 p.m., the school day was long over. In the winter, Brian waited in the library and did his homework. But in the summer, he sat on the school steps and waited for his dad, soaking up the sunshine.
One afternoon, when Gary arrived, Brian wasn’t on the steps. He was outside the school gates petting a dog. Brian looked up at his dad with a happy grin.
Don’t make assumptions about people before you know who they are.
“Look, Dad,” he cried, then he said to the dog, “Dance!”
The dog hopped up onto its back legs and did a little jig, front paws up in the air and its tongue lolling out happily.
“Isn’t that so cool?” the boy asked.
“Yes,” Gary said, surprised by the enthusiasm Brian was showing. “Whose dog is that?”
“It’s Carl’s,” Brain said, and pointed at a man sitting on the pavement and leaning back against the school fence. The man was in his forties and he was clearly homeless.
A ragged bundle of blankets lay on the ground next to him, and he was unshaven. The dog, however, was well cared for. It was a Golden Retriever, and its fur was groomed and gleaming.
The man shrank back when Gary looked at him, so he said to his son, “Come on, now, it’s time to go.”
On the way home, Gary said, “Listen, Brian, I want you to stay away from that man and his dog, OK?”
“Carl’s OK and I love Goblin!” Brian protested.
“Goblin?” Gary asked. “Is that the dog’s name? Well, I’m sure Goblins’ a good dog, but I don’t want you befriending vagrants, Brian. Do you understand?”
“But dad…” Brian protested.
“Not another word,” Gary snapped.
The next day, when Gary came to fetch Brian, the boy was studiously sitting on the steps reading a book, but that night, his wife co
mplained that half a roast chicken was missing.
“I don’t understand!” she cried. “I set it aside to make sandwiches for Brian’s lunch and now it’s gone!”
Gary looked over at Brian and the boy looked so innocent that he was immediately suspicious. Was Brian taking food to school for that vagrant and his dog?
Gary started keeping an eye on the pantry and noticed that tins of sausages kept vanishing. He now knew that his son was stealing so he could feed the dog and the homeless man every day. Gary felt a pang.
His son, who had such difficulty making human friends, had bonded with the dog. It was a pity it belonged to a vagrant, a man who might be dangerous.
Two days later, Gary got off work early and when he arrived at the school, he caught Brian outside the gates. He had a bag in his hand and he was saying: “Hey guys, I have your favorite spaghetti, Carl. And for you boy, your favorite sausages!”
“BRIAN!” he thundered. “What are you doing?”
The boy looked up at him, and for the first time, Gary saw fear in his son’s eyes. Immediately he felt a surge of anger
It was this derelict’s fault that his son was afraid of him! He stepped forward and clenched his fists. “Get away from that man,” Gary shouted. “Get into the car!”
That night, Gary and his wife sat down and talked to Brian about the dangers of befriending strange men. Brian shrugged it off. “Dad, I know about stranger danger and bad touching. Carl is NOT like that, he’s nice. You can tell he’s a good person because Goblin loves him so much, and Goblin’s the BEST, smartest dog.”
“Brian,” Gary said quietly. “I’m sure Goblin’s a great dog, but you know what? Hitler had a great dog and he loved him, and I’m sure the dog loved him back. A good dog does NOT make this vagrant a good person. Please stay away from him, Brian!”
“NO!” shouted Brian, and he pushed back his chair. “Carl is my friend and I love Goblin! Why do you always have to spoil everything? I HATE YOU!”
That night, Gary made a decision. He was going to solve this problem his own way…
That Saturday, Brian woke up early to the sound of anxious barking. He thought sleepily, “That sounds just like Goblin!”
Brain jumped out of bed and looked out of his window. It WAS Goblin, and he was standing on the porch barking anxiously and looking very unhappy.
“Goblin!” Brian cried as he opened the door, and immediately the dog ran to him. Goblin put his head in Brian’s lap and started whining. “What’s wrong, boy? Where’s Carl?”
But the dog just whined and shivered so Brian decided to do something he’d always been afraid to do before — go to his dad’s work and ask for his help.
Gary was stunned when he saw Brian at the precinct with the dog by his side. “Brian!” he gasped. “What are you doing here? How did you get here?”
“Dad!” he cried. “I think something bad happened to Carl. Goblin came looking for me and he’s very scared…” But Goblin wasn’t looking scared, he was looking up at Brian’s dad and growling.
Brian had never heard Goblin growl before. “Dad!” he asked. “What have you done?”
Gary flushed. “Carl was loitering near a school and he was warned off twice, so we arrested him!”
“But dad!” Brain cried. “He did nothing wrong! He’s not well, he needs help…You don’t know anything about him! He’s a veteran and he was in the bomb squad and he worked with sniffer dogs to find explosives. That’s why Goblin’s so well trained. He’s a good man and you arrested him because he’s sick!”
“He’s not SICK!” Gary cried angrily. “He’s a bum!”
Brian had tears in his eyes. “No, dad,” he said softly. “He doesn’t drink or anything, and most of the time he talks to people who aren’t there. He needs help.”
Gary was ashamed of himself, mostly because he couldn’t admit that there was a part of him that was jealous of Carl and his easy friendship with his son.
He did some investigating and discovered that Carl had a sister in a neighboring state who had been looking for him for years. He contacted Carl’s sister and she was overjoyed.
She took Carl home and enrolled him in an outpatient mental health clinic immediately. Goblin went too, of course. Brian missed Carl, but mostly he missed Goblin.
Then one day his dad came home with a big grin on his face and a strange lump under his jacket. He lifted out a wriggling puppy and presented it to Brian. “There you go,” he said. “You have to name him!”
Brian started crying, he was so happy. “Goblin,” he gasped. “His name is Goblin Two!”
What can we learn from this story?
Don’t make assumptions about people before you know who they are. Gary assumed Carl was a drunk and a danger before he knew anything about him.
Kindness and compassion are the greatest of virtues. Brian’s empathy led him to befriend Carl, and he helped him find his way back home.
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!
Leave a Reply