Oh look who's late to class today (me, that's who). Speaking of class, today is my first day of my LAST semester of school. Thank the Good Lord, I can almost see the finish line shining at me from far far far away.
So the title of this blog post is "Some Exciting News" and that is because I have news that is somewhat exciting (to me) to share with you all. You may or may not really care too much about it but I couldn't be happier than a puppy chewing up his mama's most expensive pair of shoes before he gets caught.
We are approved for a mortgage! Derek and I applied for pre-approval in the middle of December, and during my talk with the loan originator, she basically told me that we would be approved, but she couldn't "officially" give me an amount until the application went to underwriting and blah blah. But we heard back last week and we are OFFICIALLY approved, just for the amount we hoped for.
This is a pretty big step for us, buying a house together (hell, it's a big step for anyone) but especially for two unmarried twenty-somethings. I am so so excited (here's a little hint why) but I'm also nervous. I don't know anything about the home buying process, but I'm ready to learn. Over the past several weeks I've been scouring the internet for homes in our price range and in the location we prefer.
We've talked a lot about what we want in a home, what we absolutely don't want, and what we're willing to compromise. Basically we are in agreement on everything as far as lot size, house size, and location, and the only things we disagree on are very minor and they are both things we're willing to compromise on (should we have a half-bath, is a two car garage mandatory, pre-built barn for storage or build our own, etc). We aren't planning on this being our "forever home" so there are a few things we are willing to sacrifice for a lower price.
Our eventual plan is to build, after both of us are done with school (we both plan on getting our masters in the next few years) so this is pretty much a starter home. And with me graduating in the next few months, I will bring in a significantly higher amount of money so we will be able to upgrade within 5-10 years.
Sorry I don't have much else to say besides that little tidbit of news, but I'd love some advice from any homeowners. Did you have a hard time choosing a house with your significant other? Did you jump at the first house you both loved or did you wait and look at every house available in your price range? I'd love to know you home-buying experiences, both good and bad!