Yeah, that’s right. I’m stressed out, but it ‘s for good reason.
We’re looking to buy a house in town. We’re slowly getting the house we are living in ready for market and have been lazily looking at houses in town without a realtor. Just finding stuff online and going to look at it. This is allowing us to get to know neighborhoods and have a sense of what’s out there.
Absolutely nothing has excited us so far, until last night. We saw a house we love. We love the neighborhood, we love the lot it’s on, the architecture is beautiful, and as far as we can tell, since we haven’t been inside but seen pictures, we love the interior. It’s an awesome house. We have an appointment with the seller’s agent tonight to look at the inside.
A while back my husband spoke to our mortgage broker from our last house purchase and she seemed to think we wouldn’t have a problem with financing it, but at that point we were planning on having sold our current house before buying a new one. Now we haven’t sold our house and we may want to buy anyway. We have a nice little nest egg put away since my husband got his new higher paying job and we haven’t changed our very frugal lifestyle. (It’s amazing what being poor can do for you! I’ve realized I need very little materially to be satisfied.) So my husband did the mortgage calculator online and if we put a down payment of 7 1/2 % we could still afford the mortgage. That would be short term arrangement until we sell our current house and refinance with a much larger down payment.
So I called the mortgage broker and our bank and two different realtors. I’ve been talking house all morning. It’s exhausting and stressful!! And believe me I wouldn’t have handled this stress a month ago.
There may be a glitch. My husband works for an overseas company. And he’s only worked for them for 6 months. The mortgage broker should have known this earlier. We need to show income for 2 years in the same field. The broker still thinks she might be able to find something for us, but the bank refused us.
Agghhh!!! For a while I was a bit nuts. But I’m already mellowing out. If we can’t buy now we’ll have six more months to save quite a bit more money. So I just have to look at the positive side of it…
I’m in love with that sweet house, though. And I’ve spent hours on the phone with all sorts of professionals. Stress and anxiety galore. But I also got to feel responsible and professional as I dealt with all these people. I’m still a competent and intelligent woman who can figure out all this stuff! Sometimes not working makes me doubt my abilities.
I’m okay with whatever ends up happening.
I’m just so glad to be able to handle normal stressors again—at least some of the time!