Friday, July 29, 2011

I'm In the Market to Buy My First Home

The US economy is on the brink of crumbling and I've decided now is the good time to buy my first home. I've always had a knack for good timing. Like that line from the movie Airplane!: "I guess I picked the wrong time to quit drinking."

I won't be writing about stuff like "How I found my agent" (friend referral), "How I found my first mortgage" (credit union), "How I determined what I can afford". Other (much knowledgeable/experienced/smarter) people have already covered that territory ad nauseum. I'm just going to write about my personal experience. My posts, for all practical purposes, will be of no use to anyone but myself.

I started the process on Monday. So far, my emotions have ran the gamut of hopeful, excited, optimistic, scared, ambivalent, dejected, sad, frustrated, anxious, impatient, depressed, etc. I don't deal with stress very well, so these extreme fluctuations in emotion have immediately manifested into cold sores (plural) on my bottom lip. Nothing exudes and inspires confidence like outwardly visible herpes sores.

I've already had to adjust my "maximum" budget twice in the span of a week. *Sigh* Not a good sign. For those who like witnessing a train crash, you may be in for treat.


444 said...

Good to see you posting again. I kept you in my blogroll! ;o) Sorry about your stress sores; I got stress skin problems in a neat half-dollar-size patch very considerately placed on the back of my neck but under the hairline so it wouldn't even be known about by anyone but me. (Until I went to the doctor and they took .5 seconds to diagnose it and give me stuff that got rid of it in like, a day, after I had spent four months ineffectively "treating" it.) If only your stress could be so discreet, huh?

The home-buying adventure sounds exciting. Can't wait to read updates!

Sweetie Queen Elbi said...

Ah, I remember going through that back in 2002, the other time the US economy tanked. Yes, I agree that a lagging economy is a great time to buy a home!

Good luck! You will be glad you went through the pain, and it will make a woman out of you!!

paranoidasteroid said...

First of all, welcome back!
Secondly, congrats on the house! If we had any sort of expectation of stability, we would probably buy. Let us know how the adventure goes, I'm sure your pf experience will serve you well.