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	<title>New World Admin Blog &#187; houses for sale</title>
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		<title>Still waiting for our mortgage preapproval.</title>
		<link>http://www.newworld.ws/blog/2009/10/28/still-waiting-for-our-mortgage-preapproval/</link>
		<comments>http://www.newworld.ws/blog/2009/10/28/still-waiting-for-our-mortgage-preapproval/#comments</comments>
		<pubDate>Wed, 28 Oct 2009 14:17:15 +0000</pubDate>
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				<category><![CDATA[Buying Our First Home]]></category>
		<category><![CDATA[finding our first home]]></category>
		<category><![CDATA[houses for sale]]></category>
		<category><![CDATA[mortgage preapproval]]></category>

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		<description><![CDATA[Waiting for our mortgage preapproval and about to start looking out houses to buy!]]></description>
			<content:encoded><![CDATA[<p>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&#8217;t actually get submitted (from what I am told), until this last Monday.  It&#8217;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.</p>
<p>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&#8217;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.</p>
<p>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&#8217;s not going to be the same everywhere else.</p>
<p>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.</p>
<p>That&#8217;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&#8217;s like.</p>
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