buy a home

My boyfriend and I might not end up getting a house once we get married since we’re going to remain child free and that just seems like a lot of upkeep for 2 people.

We’ll see though.

I am desperate to close before December 1 so I qualify for that $8,000 tax credit and also don’t need to sign a new rental lease. Problem is, there is no way I will amass 20% down in time. So I’m just going to bite the bullet and dive in next month with an approximate down payment of 7.5% (mortgages in my area are still available with 3.5% or 5% down for first-time buyers). Wish me luck!

ive had apartments and homes for rent now i want to own one

We’re in escrow! It took us about two weeks to find a place, and we had a scary moment when the appraisal came in WAYYY under what we offered, and we thought they’d back out, but things appear to be sailing ahead again. It’s a little small, but it has a big beautiful backyard and it’s in a great neighborhood. I’m so grateful we’ve found a couple of good agents, too! If things go according to plan, we’ll finalize the paperwork July 11. Hurray!

Once I’ve paid off my debts, saved up an emergency fund, bought a new car, and saved AT LEAST 20% for a down-payment I will start the home buying process.

But it’s my goal to live as close to work as possible. Even after the $60,000 for 20% down there’s still the association fees and C®ook County property taxes. Oh well, here goes.

I’ve saved a fifth …still a long way to go but I’m determined to put that 20% down. Each month I have a set amount that automatically get allocated towards this dream. For the next 28 months, its crunch time:)

target is 12 months

but we’ve been looking at Halifax and Ottawa real estate. =) 2 bathrooms, 3 bedrooms, big enough back yard to play with the kids.

I feel like that is all I do to try and one day obtain this goal. I am very determined to have to goal be accomplished.