Very, very short post today as it’s Meghan’s day off and we have plans to look at a house.
I’ve been wary about home shopping, thinking there is no way we can afford it, but we found a darling little house in our area listed for about $60,000. To me, this seems suspiciously cheap, but the market is weak, interest rates are scraping the bottom of the barrell, and the $8,000 tax credit is very appealing.
With enough saved up for a healthy down-payment, our morgage plus taxes will literally be cheaper than paying rent.
We’re meeting with a loan officer later today to see where we stand. With all of our house-buying knowledge coming from late-night episodes on HGTV, we’re only textbook smart on the subject, and I’m a little nervous for the practical exam.
It doesn’t help that I’m much better at pounding on a keyboard than I am at pounding on a nail. Anything we get in this price range will require a lot of work. Meghan is excited. I’m scared.
