I’m moving forward with looking at real estate. That means I’ve been pre-approved for a mortgage. $240,000 at 3.6%. In my opinion, that’s too high, but it’s good to have a ceiling anyway.
I need to get a different set of numbers from my credit union to see if they can give me a better rate or if there’s something in the loan broker’s paperwork that doesn’t make sense — a line item that goes directly to her wallet, perhaps?
Since I’m already approved, and working with a realtor, we went out to look at houses this weekend.
And looking at houses is FUN! It’s going to stay fun, too, because I’m not going to let it get stressful or frustrating. This is the biggest purchase of my life, and I can take my time!
In my price range, there are a surprising number of good options. However, the trifecta of location/price/layout hasn’t showed up yet.
Things I learned this weekend about what I want in a home:
- A neighborhood where I can walk around at all hours of the day (including 8pm!)
- A dining room
- A quiet street
- A good street where it looks like the neighbors care about the state of their homes
Things I do not want in a home:
- Close proximity to a strip club, a video poker place, a factory, or a used auto part place
- (Necessarily) a yard, my own roof, or all four of my own walls.
I haven’t looked at any condos yet, but I’m interested. I value location over most everything, and would love two bathrooms, but I don’t need them. I’d like there to be easy parking but I do not have a fancy enough car for a garage, so I don’t care whether it’s covered or uncovered. I do not live in the midwest so it’ll never be supremely cold when I get to my car.
Since it’s a fun process, and since even you real estate moguls out there don’t do this more than a few times in your lives, I’ve created a few Pinterest boards so that I can keep my mom (and anyone else who wants to play along, but let’s be real, mostly my mom) involved in the process. Also, I have figured out how to use Pinterest in a useful manner, which is an accomplishment that makes me really proud, since I never could figure out the point.
Here are my boards: