If you don't try something, you can't fail at it. This has been my underlying life philosophy for as long as I can remember. Ever since I was little, I would stick to doing things I knew came easily to me. If something got too challenging, I got scared and panicked and quit. Then moved on to things I knew I was good at so that I could hear all the "oooh"s and "aaaahhhh"s from parents, teachers, whoever. It's not something I like about myself, but atleast I'm aware of it. If I didn't know this about myself, I wouldn't be working to change it.
And for once... I'm off my ass, doing something scary, something challenging, something unknown. Last Saturday Seth & I attended a seminar for first time home-buyers. I'd been putting this sort of thing off for ages, worrying that maybe we were too cocky, that we didn't really qualify to buy, that we weren't ready financially, etc... If I think there's a chance I'll fail at something, I don't try. So I didn't try... until last weekend. And holy cow. It turned out VERY well. We qualify for no down payment loans, government rebates, land trust arrangements... all sorts of awesome things.
Our options are pretty awesome:
- We can buy an existing home through the land trust, so that they own the land and we purchase the home on it. We spoke with the rep from Homeward Bound and this sounds like a pretty ideal arrangement for us that would cost significantly less than buying a house/land combo.
- We could find land for the land trust to purchase and possibly build on it. This is less ideal, as there are many homes already built, just sitting empty... but it could be a good option if we look and look and look and don't find something that suits us.
- If we decided not to go through the land trust at all, we do qualify for the 502 loan through the USDA to buy a house and the property it's on. It's a 1% interest rate with no down payment. It's pretty much perfect.
So all we need to do to get the ball rolling is meet with a lender. The manager of Eagle Home Mortgage spoke at the seminar and I got REALLY good vibes from her, so we'd probably meet with her first. Then it'd be off to a Realtor... and thankfully our landlord, who we've been dealing with for over a year as renters is awesome. I see no reason not to go with her.
Seth & I agree on every major thing we're looking for in a house, it's just a matter of finding it.
- We want property that's about 1/2 to 3/4 of an acre.
- 3 bedrooms/2 bathrooms would be cool, but we'd live fine with just 1 bathroom.
- a garage or atleast a carport, though it's not a dealbreaker.
- We do NOT want to be in town. We don't want neighbors right up on us... and if neighbors move in, it's fence building time.
It's hard to contain my excitement on this. I keep waking up with these visions of a cute little house and a garden and a tepee set up in the backyard... it's all consuming.