Post # 1
DH and I have been seriously considering buying a home. We have just started saving for a downpayment and are looking at different types of loans and programs we can utilize. We’ve made a list of must haves, wants, and must not haves. We’ve estimated how much we feel we can afford. It’s a little exciting, and more than a little nerve-wracking. 🙂
Last night I was poking around on some local realtor’s website listing, and OMG I found our dream house. I know that sounds a little pie-in-the-sky (I mean, really, who finds the perfect home on accident??) but I can’t stop thinking about this house. It’s in the perfect location, has all of our “must haves” most of our “wants”, and from what I can tell, none of our “must not haves”. I’ve even seen this house many, many times, and always thought to myself “Wow, what an awesome house! I hope to own a house just like that someday”. I showed it to DH and he is in total agreeance with me.
I’m pretty much heartbroken. Did this happen to any of you? You found the PERFECT home, months before you were actually ready to buy? How did you deal? The best we can hope for right now is that it’s still on the market next spring when we will (hopefully) be ready.
Post # 3
There are all kinds of programs to get you into a house. I found a home that fit all my needs, but I hadn’t been preapproved or anything. I decided to give it a try and I was able to qualify on my own for enough to put an offer in on the house. That was on Monday, I went and saw the house on Tuesday night, Put an offer in on Wednesday morning, and then got rejected on Friday because they got another offer at the same as mine that they went with.
Sure I didn’t get the house, but I NEVER thought I was ready and finding the perfect home set me in motion and now I know that I can buy when the next ‘perfect’ house comes available and I don’t have to wait anylonger wondering when will be the right time.
Post # 4
I did the same thing. We are not close to buying, we probably need to save for at least another year, but that doesn’t stop me from looking. I find the “perfect” house about every two weeks. I swore up and down that I found my “dream home” it had EVERYTHING. I was so sure this was it that I forced my friend who was actually closer to buying to go look at it, when we went I fell in instantly, I was like “OMG THIS IS MY HOUSE” and I was so devestated I couldn’t buy it, it had everything and if I would have had the money I would have bought it right then and there, BUT its a good thing we weren’t ready b/c we later found out the house was a money pit, it had just gotten a new roof put on the previous year (but it turned out it was done incorrectly and would need to be re-done est. 10,000 cost), the electricity was old too and needed new wires, and the other HUGE issue, we found out a month later, they were adding in a new road RIGHT behind the house where the pretty wooded area was to make easier access to the interstate. It was such a blessing in disguise. So long story short, maybe its a good thing you can’t buy now.
Post # 5
haha, all my “dream” houses are like 600K. Yep, major bummer. It’d be a long time before we could afford something that nice!
Maybe it’ll be on the market in a few more months. Ours was on the market for 9 months before we bought it. And it’s a great home; I can’t really figure out why it wasn’t snapped up! Except maybe the periwinkle walls were a turn off to buyers.
Post # 6
ejs4y8 – HAHA! My absolute dream home is in Charleston, SC on the battery, its for sale right now for 23 million dollars! I would NEVER get close!!!
Post # 7
@june42011 – I keep telling myself that there HAS to be something wrong with it! This way I don’t feel so sad about not being able to buy. 😉 The thing about this house is I’ve gone by it so many times (it’s on the way to my MIL’s) and every single time we go by it I poke DH in the arm and say “There’s our house, honey!” It just seems like fate the the week we decided to get serious about buying is the week it goes on the market.
@ejs – This house is listed for $140k, which is just at the high end of our budget. And the decor inside is awful! Hunter green walls with deer and duck wallpaper boards. IN EVERY ROOM. I’m secretly hoping that most people will look at that and be super turned off. Plus, it’s an earth-contact home, which I LOVE, but I know a lot people are turned off by that, for whatever reason.
It’s just putting me in a sad, mopey mood today. Sigh.
Post # 8
You know how they always say that there are a lot of fish in the sea?
Well, there are also a ton of coral reefs to live in.
We just purchased a house, but looked for 2 years off and on. In that time, I saw many houses that I thought were perfect for us. There was always something in the way of our buying them though. When it is the right time, the right house will show up.
Post # 9
We went with an FHA loan program that helped us get in with barely any down. Hopefully your program you found will get you right where you want to be.
We found a great house I was dying and crying for. It was a short sale and the seller was indefinitely not answering our bid. So we reluctantly moved on and a month later found another house that we ended up buying. It was a lot different than the first (cost/location/space/age) and different than what we originally had in mind. But wow, in hindsight, this ONE is much more perfect than the other for us and our specific circumstances. Trust the process if this one doesn’t work out. There are other houses in the sea. 🙂
Post # 10
I’m sure you will find an amazing home when you can afford it! You want to make sure that you have planned for a home well since there are a lot of unexpected expenses that come with home ownership along with a big mortgage payment!