Meet the Realtor
March 15, 2012 3 Comments
This morning Mr. Woodpecker and I met with the realtor to go through the entire home buying process. I explained to him all of my hesitations with buying a house at this moment and he was very reassuring and understanding about why I wanted to wait, which I appreciated.
He gave us a step by step through the process from getting pre-approval, to when I would be writing checks, to walking in the front door for the first time. Mr Woodpecker and I were both very excited, but I was also very happy to know that I had a realtor who understood why we wanted to wait at least a year.
The main thing I want to know at this point is: How much house can I afford? This gives me a better idea of how much I need to save for a down payment, whether this is feasible, and where I’ll need to look.
This of course requires a credit check. And so I wait… not so patiently… to hear back from a lender about what I can get approved for. I wouldn’t want to spend over $150,000 on a house because after that I wouldn’t feel comfortable affording the monthly payments.
Mr Woodpecker and I are excited, anxious, and motivated to get to the place where this house thing can be real and we can have a home with a yard and all that good stuff.
Now we just need to get the financial deck of cards in order!