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Discussion Starter · #1 ·
Dh and I sat down and looked seriously at our finances, my student loan situation, etc.<br><br>
We think we're going to go this week (well, him and my MIL...since they have perfect credit and we're still building ours- especially me due to some old medical bills) and see what we can get pre-approved for on a mortgage! There are a few houses in this area that we are interested in- one that I ADORE! The yard is on the small side, but it's big enough for our dogs to run around in (backyard, that is, the front yard is a good size and we can put our small swingset out there I think...it's fenced) but still small enough for me to clean up after the dogs easily. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/smile.gif" style="border:0px solid;" title="smile"> It's on the higher end of what we want to pay, though. There are some that are cheaper that we've seen, too.<br><br><br>
We weren't thinking that we could afford to move. Then we realized that the majority of our money each month was going towards eating out (even more than what we pay my parents in rent each month <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/redface.gif" style="border:0px solid;" title="Embarrassment"><img alt="" class="inlineimg" src="/img/vbsmilies/smilies/dizzy.gif" style="border:0px solid;" title="Dizzy">: ). We have five people, and one small kitchen. And my parents have a TON of food they buy on sale and then don't eat forever (like canned soup- they only eat it in winter but will buy it on sale year round <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol">). So there's not a lot of room for DH and I to go and buy a week or more worth of groceries and keep here. Plus it's hard to cook dinner when my parents (who have completely different tastes than us) are in there cooking THEIR dinner. So we eat out way more than we should. We go to places that have healthy options (dd hates fast food, so even if we were okay feeding her that stuff everyday, she'd have none of it!) which makes it cost even more. What we would save in food expenses each month + what we pay in rent here would pretty much equal what we're hoping to pay on a mortgage.<br><br>
So...if I'm MIA the next few weeks we're going to be busy looking at places, and my classes all start tomorrow as well.
 

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Wow! That's so awesome! You are going to be a busy little bee for a while what with classes and house-hunting but it sounds like a lot of fun!
 

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That's great! And so excitng for you guys! I wish we could get a bigger place, but maybe you've heard about average housing prices in Southern California beach counties <img alt="" class="inlineimg" src="/img/vbsmilies/smilies/dizzy.gif" style="border:0px solid;" title="Dizzy">:<br><br>
And you're right - eating out adds up and it's sometimes sickening to look at the end of the month and see how much we're spending on convenience foods. We're really trying to cut back too because I want a new Volvo SUV for when this baby comes. Not as much fun as a new house, but I'll take what I can get for now <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/smile.gif" style="border:0px solid;" title="smile">
 

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Discussion Starter · #4 ·
We walked around tonight looking at some of the houses on our list we made from the internet (all are within walking distance of my parents' house...but then again EVERY house in this town is within walking distance!). And the one that looked the nicest, needed the least work (just based on exterior alone), and just seemed to *fit* our family the most...was the cheapest! DH is going this week to get the pre-approval, and we're calling our neighbor (a real estate agent) and going to look at a few of the places with him.<br><br>
This is the one we're really interested in:<br><a href="http://councilbluffsia.yahoo.prulakeshorerealty.com/details/start.aspx?Results=true&propid=140C0007-1947" target="_blank">http://councilbluffsia.yahoo.prulake...=140C0007-1947</a>
 

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That is truly amazing!! Just flabbergasting!! The average home price where I live is $650,000!!!!!! The least expensive single family home in our town is more than 500,000. It's just awful and so depressing.<br><br>
Sometimes it almost seems worth it to pack up and move, we'd love to have a yard..... sigh......But I don't think I could leave S. California and both of our families are here.... I hope you get the house you want!!! I bet you will! It looks nice!
 

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Discussion Starter · #6 ·
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<div>Originally Posted by <strong>MCKH</strong> <a href="/community/forum/post/9007696"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">That is truly amazing!! Just flabbergasting!! The average home price where I live is $650,000!!!!!! The least expensive single family home in our town is more than 500,000. It's just awful and so depressing.<br><br>
Sometimes it almost seems worth it to pack up and move, we'd love to have a yard..... sigh......But I don't think I could leave S. California and both of our families are here.... I hope you get the house you want!!! I bet you will! It looks nice!</div>
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Thank you! I'm just hoping that the meeting with a lender goes well and the tour of the house proves it to be just as great on the inside as it was on the outside!<br><br>
Yeah...we're definitely in a good area for home prices! Unfortunately, along with low home prices come lower wages but not much lower cost of living for anything else. <img alt="" class="inlineimg" src="/img/vbsmilies/smilies/dizzy.gif" style="border:0px solid;" title="Dizzy">:
 

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I love the porch! Congrats!
 

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Cute house!<br>
I too am jealous of your home prices!! That same house here would be piced around $180K! I forget the average home price exactly, but it is something around 250K.<br>
We are trying to move too-do you think we are both crazy for our timing??? My SIL does, not that she is the one in our family that I would choose to listen too, but still....<br>
Anyway congrats and good luck with the lenders-we are preapproved now, but I was stressed about that part too!
 

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Congrats and good luck!
 

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Discussion Starter · #10 ·
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<div>Originally Posted by <strong>penquinmom</strong> <a href="/community/forum/post/9011030"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Cute house!<br>
I too am jealous of your home prices!! That same house here would be piced around $180K! I forget the average home price exactly, but it is something around 250K.<br>
We are trying to move too-do you think we are both crazy for our timing??? My SIL does, not that she is the one in our family that I would choose to listen too, but still....<br>
Anyway congrats and good luck with the lenders-we are preapproved now, but I was stressed about that part too!</div>
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I do think the timing is pretty crazy, but for us if we can do this, it's so much better!<br><br>
My dad has Parkinson's and depression. I love him to death, but the med combos he's on have changed his personality. For some reason in his mind, he's the only one in this house that's qualified to properly care for my dd. He calls her HIS baby, acts like DH and I aren't her parents and HE is. <img alt="" class="inlineimg" src="/img/vbsmilies/smilies/dizzy.gif" style="border:0px solid;" title="Dizzy">: I think part of it is that he wasn't active in my life at the stage she's at (both because he worked long hours, but also by his own choices as well) and he's trying to make up for it now that he's faced with this illness. But...he can do things with her without trying to control her. He has her to where she only thinks she has to listen to him, and to where she misbehaves...because he lets her (he lets her climb into the kitchen sink and play with the water, write all over herself and anything else with ink pens, get any junk food she wants out to eat- including ice cream for breakfast, etc. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/irked.gif" style="border:0px solid;" title="irked">: Oh, and I'm a mean mom for giving her cereal that isn't full of sugar and real fruit instead of juice. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/lol.gif" style="border:0px solid;" title="lol"> )<br><br>
So, if we don't get out of here soon, it's going to be not only detrimental to our finances (the eating out, and leaving the house just to get out of here for a while is killing us since we always wind up spending money) but to my relationship with my parents- and as an only child with no large extended family, that's not something I want to mess up, kwim?<br><br>
Good luck finding a home!
 

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That is so exciting--I hope you get that house!! <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/smile.gif" style="border:0px solid;" title="smile">
 

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Discussion Starter · #12 ·
We met with the realtor today and toured the house. It has good points (wood floors and trim that are gorgeous in the living room and master, a cedar lined closet in the master that has more than enough room for our clothes, a woodburning fireplace in the LR, the front porch, and it's the perfect size for us, new 2 car garage). It also has some bad points (the back rooms need total cosmetic overhauls, we would have to put in central heat and air- there is currently none and no ductwork in place, dh wants to replace all of the plumbing). And the guy is asking an outrageous price for the work that needs to be done- he got it in May for $26k less than he's asking...and he's done no improvements in that time! <img alt="" class="inlineimg" src="/img/vbsmilies/smilies/dizzy.gif" style="border:0px solid;" title="Dizzy">:<br><br>
But, DH and his folks are going into see if we can get pre-approved for the top amount we're willing to pay + enough to do the major repairs right away (central heat/air, and new plumbing...the rest can be done on an "as we can afford" basis) and enough to roll our business loan into it so we have one payment instead of two. If we can get the pre-approval (shouldn't be a problem- his folks have excellent credit) done this week we'll be submitting an offer and hopefully can get a quick sale. DH will get started on the ductwork and plumbing right away (and I'll start inside on some of the cosmetic things like painting and such) and hopefully we can get in there before Reese is due to make her arrival!
 

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Congratulations! We bought a fixer upper a couple of years ago (the only way we could afford to buy where we live!) I don't think I can ever go back to renting.<br><br>
And the price is amazing! I hope you get that house! Here in Chicago it's pretty much impossible to get anything under 100,000-and that's if you are OK living in a sketchy neighborhood. Where we are-we are considered lucky because we found a townhouse with 3 bedrooms for 200,000-we only got that price because we had to change all the windows, update the electricity, get a/c and do some major cosmetic work outside. Yikes-maybe I'll move to Iowa!
 

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Wow... we can't find anything less than $200,000 here... including the one bedroom townhomes. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/smile.gif" style="border:0px solid;" title="smile"> Three bedroom houses with any type of yard are at least $250,000...<br><br>
Emily
 

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<div>Originally Posted by <strong>frogleymom</strong> <a href="/community/forum/post/9021996"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Wow... we can't find anything less than $200,000 here... including the one bedroom townhomes. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/smile.gif" style="border:0px solid;" title="smile"> Three bedroom houses with any type of yard are at least $250,000...<br><br>
Emily</div>
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That's pretty much the case here too-we just lucked out because our house needed WORK which my FIL very graciously helped us with.
 
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