After 2 and 1/2 years of marriage, 1 year-long deployment (in which we actually saved money), a 6-month-long hiring process with a police force (in which he was recently hired), and living with my parents separate and apart for almost 2 of those 2 and 1/2 years, Husband and I will be starting the long, arduous process of purchasing our first home.
I really shouldn’t say long and arduous. We couldn’t be first-time home-buyers at a more perfect time. A great tax credit, low prices, and houses that keep getting bigger and bigger (in our particular price range) as the market continues to slump are in store for us. I’ve already found several that I LOVE, but we have to hook up with a lender first.
That should be fun.
I’ll actually have to learn what escrow means, instead of just nodding and smiling while everyone around me discusses it. I also think that I’ll have to stop arbitrarily buying shoes and purses whenever the urge hits me, and since I barely use the purses I do own, I should consider selling some of them on eBay, because, you know, it’ll be nice to have some extra cash lying around in case the toilet falls through the floor or something. I don’t know, what else would you keep cash on hand for?
The thing I’m most looking forward to?
No, it’s not getting dressed without the fear of one of my siblings walking in on me. (although, that’s a close second)
Buying our home will mean the end of my most famous phrase (at the moment):
“Oh! This will look GREAT in the insert name of room in house here (example: dining room) that I don’t have in the house I don’t own!”
Although, I will be a little sad to see it go. It did bring about a hearty chuckle from all who heard it.
So, internets, this is where you come in. You experienced home-buyers. What advice do you have for a property virgin such as myself? What do you wish you knew when buying your first home? Do you wish you had been more picky or more flexible? What was the most valuable lesson you learned in the process?
And most important of all – how much money can I count on you to donate toward my purchse?