*I should apologize now for what are sure to be a large number of house-buying-related posts as we explore this option. Hopefully we all learn something! If it is totally boring, feel free to click away. (Swim away! Swim away!)
People always joke that buying a house entails signing away your life and your first born and your left arm.
I am beginning to believe them.
I have started researching mortgages. FHA loans look like the way to go. They even have ones that include the ability to add in your home repairs (which, considering the houses we are looking at is going to be important).
Seriously, they ask for EVERYTHING! Look at all of this! Ack!
And then the closing cost information. Greek. Absolute greek.
Holy. Crap. I remember thinking buying a car was nerve-wracking. My excitement at a possible solution for us has turned into a near-permanent state of hyper-anxiety. The good news is that it looks like for FHA loans they do take into account the issues you have had in the past couple of years. You know, like my bedrest and maternity leave and crazy medical bills and Hubby being unemployed...that kind of thing. So, that comforts me.
People who have bought houses...how on earth did you get through this???
I know we want 3 bedrooms. Yes, 2 would suffice, but we want wiggle room - office, guest room, another nursery...you get the idea. And a yard. Pretty much at the top of my NEEDS list. The house we are drooling over? Honestly, it's not realistic. Not with our current financial state. We don't need that much space...but we WANT to need that much space.
Gotta start small, right? Baby steps. (Ha. Baby steps. Who came up with that? Sorry, tangent.) But seriously, with our luck...We have an understanding landlord (to whom we now owe money), and have 3 months of electric bills at home. So, really? We want to get a MORTGAGE? If bad luck continues, we are going to be in even worse shape!
At the same time...taking risks is part of life, being ALIVE. Without risk, well, we wouldn't have P. And I questioned our decision to do IVF every step of the way, and look how that turned out :-)
Many of the houses we have the money for are still using OIL HEAT. Very romantic. Also very impractical and super-expensive to convert.
Old drafty windows. I imagine those are easier to replace and would help immensely with energy costs. too bad it is probably impossible to get into the walls to put in better insulation without a total rebuild.
I feel like I need to go to Lowe's and start taking those classes like in the commercials... Gah!!! O V E R W H E L M E D.