Has it been too long since Ruby and I have written? I would say so!!! But now that my three week break is over, I am ready to write again! 🙂
Let me start out by saying, going back to school after a three week break is pretty close to as hard as going back to school after maternity leave. I am totally out of practice! And no, I’m not referring to dentistry. I am referring to leaving my baby girl (now 6 months old!) all day, every day, running on approximately 6 hours of sleep, driving 75 minutes each way to drop Lydia off and get to school (or 2 hours if it is a day like today…). All these things I was sort of getting used to before my break, I am no longer used to. Sigh! I thought it would get easier. Guess I was wrong. I just have to keep telling myself this is temporary. Only 8 months to go. Then I can work part time. Only 8 months.
Now, to the good stuff!!! DH and I finally agreed on a house and put an offer in!!!! Can you believe it??? Now, I don’t know how it is when you have done this before, but for us, this is really exciting!!! To be honest, I can’t believe DH went for it. The timing is a little sooner than we planned, but that is usually how it goes 😉 I get antsy. So after looking everywhere from Northwest of the Twin Cities to Southwest of the Twin Cities, we finally found our house! It is absolutely beautiful! I am so in love! I could argue that is something pretty close to a dream house…for our first place!!! WHAT!?!?! This was totally not expected. Here is how we got to where we are:
1.Location- By going from Southwest of the cities to Northwest of the cities and a little further out, we were able to get much more house for the money. We still aren’t rural by any means, but the area isn’t quite as booming as the Southwest region.
2. The market- While every current home owner is shaking their fist and wincing at the horrible real estate market, we, as first time home buyers are in a perfect spot to choose from a plethora of homes that are ripe for the picking. It is very exciting to have dozens of homes to look at that are well within our price range.
3. Short Sale- This one is somewhat tied to #2. The saying “your loss is my gain” (or is it supposed to be the other way around?) is very applicable to this situation. The economy has hit so many families so hard and if anyone needs to move, they are stuck between a rock and a hard place. This ironically makes for a good opportunity for us. We almost feel like we are stealing at this point 😦 But on the flip side, I guess home owners would prefer someone buy their home as a short sale vs. having it go into foreclosure?
On top of all these factors, the interest rate for a 30 year fixed mortgage was offered to us at 3.875%! Whoa! Sweet!
After all of that, we still haven’t gotten the house yet. Because it is a short sale, even though the sellers accepted our offer it still has to go to the bank to be accepted (or rejected). This usually takes months, no matter if the answer is yes or no. I’, just going to go ahead and cross my fingers and hope for yes 🙂
Alright, that was my life update…Now I have to go shower (needed) and go grocery shopping (much needed)!
‘Til next time,
P.S. Minnesota Blogger conference is coming up soon! Awesome!