1. What step are you at in the home buying process? We closed at the end of January, and moved in Feb 1!
2. Is this your first home? Yes
3. What are type of home are you looking for? How many beds/baths? What are your other requirements or wants? We wanted a single family home but it turned out we couldn’t afford anything “move in ready” in our area, so we went with a large townhouse/condo space in a “deluxe” development (whatever that means; I bet they all call themselves that!).
We wanted 2 bedrooms (and got 2 very good-sized bedrooms), a nice space for entertaining, and a great kitchen (I love to cook). We also wanted (and got) a basement for storage. I really wanted skylights and we did get 1, but it’s on the top floor and I only see it when I work out (we have our TV and treadmill up there and, since we watch little actual tv, I’m almost only up there to do workout dvd’s and treadmill). We also got a fireplace, which I really wanted, which is also on the top floor so I never actually use it (oops).
I wanted and did NOT get a cul de sac, my own yard, and a closed garage. I do have 2 little balcony/patio spaces off the main floor and the bedroom, as well as a little patio off the basement (we have a walk-out basement with full sliding door). We definitely compromised there, but at least I can grow herbs on the deck!
We started with a budget of 100k, quickly realized there would literally be nothing out there at that price, and bumped it up to 250k. We closed slightly above that price, and then had to pay all the closing costs (whoops) but we did get a great space for the price.
We also have a really crappy public school system, but we’re not looking at having kids for another 7 years or so, so hopefully we’ll be in a better place financially at that time and can upgrade!
4. How are you feeling? (Happy, anxious, pissed off… etc) I’m still having a hard time with the transition since this meant giving up my childhood home forever; my parents are selling which is why we had to move out (FI and I were renting from them since they moved to London and then to Denver). HOWEVER, when I look at the bright side, I get very excited. It’s a really special time to be building our lives and home together, and I’m glad that Fiance will feel more included in our space (since he felt like my childhood home was really MY home and not OUR home).
5. Any advice for other bees buying a home? Be patient, breathe, and try to believe that it will happen when it’s supposed to happen. Get an idea of prices in your area before you get pre-approved. Find a realtor you know you can trust since s/he will have to stick up for you in negotiations! Drink a lot of wine, and whiskey when you’re really stressed out. (um, what? I totally work out when I’m stressed…except when I’m so stressed I can’t think straight. I think I gained 5 alcohol pounds in the home buying process.)