- Wedding: October 2011 - Bed & Breakfast
January 1, 2011- Our previously agreed upon start time arrived, and Mr. LK and I jumped online to explore Realtor.com. We were pretty much horrified by what we saw in our price range (400K).
Mid January 2011- Met with a realtor recommended by a co-worker. He seemed nice enough. He gave us an overview of his services, the buying process, and the market in our target search area. Met with a lender recommended by said realtor. Got pre-approved within a day or two. Started looking at houses in person.
Late March 2011- Signed a 6 month buyer’s agent agreement with our realtor in order to put in an offer on a house. Went under contract.
Mid April 2011 (about 2 weeks after going under contract)- Canceled that contract based on inspection results
Mid-late April 2011- kept looking at houses. Disappointment after disappointment.
May 2011- Decided to take a break because we couldn’t stand the disappointment any more. Kept stalking the web and would go out to see a house if it looked really promising. None of them panned out. Signed a new 1 year lease on our place because they refused to let us do anything shorter. resigned ourselves to paying through the nose if we found a house and needed to break our lease.
Late October 2011- Wedding done, we decided to start over with a new realtor now that the old buyer’s agent contract had expired. Best decision we could have made for ourselves! Also increased our budget to “not a penny more than $500k” and switched target areas. Still not a lot on the market.
January 2012- Decide to explore other lenders, too. Meet with 3 new lenders, choose 2 to work with for the rest of the process. Another really good call. Competition on our loan saved us $200/month in interest payments.
Mid February 2012- Contract on a short sale
Mid March 2012- Contract falls through
Mid March 2012- Contract on another short sale
Early May- Gave notice that we would not be renewing our lease because they insisted that we sign another 1 year lease. Realized we may be homeless in 2 months.
Mid May 2012- Contract falls through. Offer on another house that same day.
Mid June 2012- Finally close on our home. Moved in a week later and handed back the keys to our rental 2 weeks early because new tenants were eager to move in. Ended up getting 2 weeks of rent back from the leasing company. Win!