Maya and I and the boys are in the process of searching for a new place of permanent residence; we want to buy a new house. We LOVE the house we are in now, but it is getting a little bit small, and we figure now is as good a time as ever to buy a home. The market is TERRIBLE because of all the foreclosures, so it’s a good time to buy. The problem is, though, that it is not a good time to sell, which means we will try to keep our current house and rent it out.
We’ve looked at probably a dozen houses, and maybe 3 of them are legit considerations. However, one of those is overpriced, one is currently not on the market (has been foreclosed on and we’re waiting for the bank to list it again), and the other is a short sale. So, I really don’t know if any of those is going to work out. I’m hoping, honestly, that one of those three does; they are great houses, all of them have pools and are in somewhat quiet neighborhoods.
Anyhow, I say all this because the entire process of getting a house, renting a house, working out the loan stuff, etc., is the worst. I really wish it could work somewhat like this;
Agent: “So, you like this house?”
Me: “Ya, it’s nice. I think we should buy it.”
Agent: “Cool. Can you pay (enter $ amount) per month.”
Me: “Ya. That’s easy. It’s really not that much more than we’re paying now.”
Agent: “Okay. I’d like you to meet the owner. If you shake his hand, that means you agree to take this house and pay (enter $ amount) per month to him.”
Me: “Cool” (I shake owner’s hand; owner secretly slips the key into my hand in the handshake)
I know, naive, right. But banks and title companies and realtors (although some realtors are nice) are stupid and unnecessary.
house hunting stinks…..hope this painful process is over for you soon and you are enjoying your new home with you wonderful family!