La Famille Wilcox
Where does the family start? It starts with a young man falling in love with a girl - no superior alternative has yet been found.
~Agnes Cripps

Friday, April 24, 2009

We're going to be homeowners!

Last night at about oh I don't know 10pm...we decided to buy a house. I know it sounds crazy! We sat and talked about it for quite a while and realized that we could be buying a house for the same price that we're paying for rent! In 3-5 years we could turn around and sell it for possibly double. W decided that we would just rent it out when we go to San Francisco. We would like to return here if possible and then hopefully make our way to the east coast once Joe has 5 years experience as a web developer.

Now comes the hard part! I think we looked at a hundred houses today! We found one that we absolutely fell in love with. It was 138k. It was a bank owned short-sale. It was such a cute house. I called the realtor and it had already been sold. I talked to him on the phone for a bit and every house I wsnted to look at already had 2-3 offers! Super frustrating. We're not in a huge hurry, which makes it not as stressful. We're got approved for a loan with a 4.25% interest rate which is awesome! Our house payments will end up being around $860-$900/month depending on the price of the house.

Wish us luck!

1 comment:

byumomof4 said...

Woo Hoo!!
You will love having your own home-
Good luck!