- 4 years ago
- Wedding: June 2015
Well we had a master plan. We’re living in FI’s parents basement, originally with intent to buy eventually and move upstairs.
Its an okay house but it’s old and needs some upkeep. We were prepared to due it because of the circumstance and it was a good opportunity at the time (price, location etc)
Well we went to talk to them yesterday and they are sticking with their “original” three to five year plan ( I say “original” because when we moved in it was 2-3 and now that we’ve been here a year its 3-5) I am not willing to commit to five more years in a basement suite. I will be almost 30 at that point and I just.. No. That was not the plan.
But it turn out that FI’s Grandma is selling. Their place is amazing. It is way nicer than the one we’re in now, better maintained, nicer area, a little bigger and like, maybe 30,000 more ( totally worth the extra!)
She wants to sell in July and my parents are willing to help us out together the money for a down payment and cosign (I won’t have had a job long enough at that point) I have a secure job waiting for me when I’m done school but a bank won’t just take my word for that!
We are excited and nervous all at once. FI has always loved that house but there are so many other people in the family he never thought hed be the one to buy it. We’re the only ones even sort of in the position/market at this time so it lookalike he’s going to get his wish.
I have crunched the numbers, everywhere from Sunday and we’ll have to make sure we stay on budget but it’s doable with a little cushion even worst case scenario. Realistically, if everything goes on the good end of things, we’ll be able to pay lump sums at the end of the year as well and knock it off faster.
I am so excited.. and a little terrified!! it’s such a crazy step. It doesn’t matter how ready I feel, it still makes my heart flutter a little!
Advice from first time home buyer bees? Mostly on the moving in/managing side of thigs because luckily we won’t have to wade real estate waters! It’s way more ideal than our original plan but it’s also a change for sure!