Wednesday, May 2, 2007

Moving Forward

As I mentioned earlier in this blog, my husband and I have been considering buying our first home. We found what we thought was a great option for us and went through the whole process, and one of the many things we learned was that we qualify for a lot bigger mortgage than we thought, which surprised us but is really good to know.

However, in the course of things we realized that while we could handle it, the payment amount was much higher than we wanted to take on for the next 30 years, so we have decided to rent for another year. This will give us time to pay down some existing debt and be in a better position to commit more money to a mortgage in the future.

Since that's been settled, things have calmed down a bit. No more scouring the internet for MLS listings in surrounding areas, no more disbelief at the price for a 40-year-old, run-down ranch house on a small lot, no more crunching the numbers.

It's a beautiful day--we're doing well, life is good, work is good--and my camera is calling. See you tomorrow.

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