We had just applied for our preapproval last Thursday. We had to send in a letter explaining my hubby not being on his job the full two years so it didn’t actually get submitted (from what I am told), until this last Monday. It’s now Wednesday. We were told it could be 1 to 2 weeks before we get an answer. Two weeks seems kind of long to me. Does anyone else know if it typically takes that long? I guess I am just really anxious.
I spent a lot of time scouring the Internet for homes for sale that we like. At one point in the beginning, I had over 80 houses in my list of potentials. After a while, I realized exactly what we can get for our money and now know EXACTLY what houses to look for. It’s interesting to me because when I started out, I really thought we would have to settle for not so great houses. To my suprise, we can get so much more then what I expected. I am very excited and not at all disappointed in what I have found. I have narrowed my list down to 17 houses we want to look at. We start physically going in them tomorrow! How exciting! We are using a realtor from ERA who has helped my parents buy and sell several homes.
These houses are selling fast. Many of them are gone just as soon as I discover them. That is a little sad, but there are still plenty more to choose from. Of course, keep in mind, I am in Ohio. It’s not going to be the same everywhere else.
I check the HUD listings daily for new houses. I would like to watch sherriff sales and things like that, but you have to have 10% down before bidding. No way we can do that.
That’s it for now folks. Hey, if anyone else out there is experiencing buying their first home, share your experience here so other first time home buyers can see what it’s like.
