WATCH THIS SPACE
lmao ok so this is going to become a house hunting document (hopefully only for a few month(s)!)
i am in the home buying business lol and i want to write about it bc the process can be mysterious and intimidating!
so far:
i applied and was preapproved for a mortgage!
FAX ABOUT ME:
credit: good
income: low
job history: bad
debt: none
at first i was approved for $40K for a 15 year mortgage.
then i asked for more $$ and was approved for $65K for a 30 year mortgage.
the hardest part of that was getting my documents together.
HARDEST DOCUMENT TO PROCURE:
2019 tax returns from the IRS (i had to CALL them and request and they sent them by mail which took 6 business days)
THE MARKET RN:
it is an unprecedented
not enough houses on it
at my loan approval amount i am going to be beat by a lot of ppl who are paying cash
never seen the market like this ever
maybe there will be a dip at the end of the year
PROCESS TO FIND HOUSE:
have low standards (lol rly just standards that fit ur budget, which mine is LOW)
find house on app (my REALTOR told me the best app is REALTOR lol that is funny rite!! but also i’ve been using trulia and redfin)
(how did i find my realtor? thru a friend!!)
read description of house on app, google street view the neighborhood
if it passes streetview inspection, i have been driving by the house in car
if it passes driveby inspection, text realtor and let her know i’d like to schedule a tour
i have only toured ONE house so far and it needed so much work i barely set foot inside!! house renovations are backlogged so if i buy a rehab needing house, i won’t be able to fix it for big long time!
also a lot of things are getting snatched so quickly. i’ll see a house, drive by, schedule a showing, and then the realtor will be like oop they actually are now only accepting backup offers (which means they already have an offer they like so what’s the use!!) everyone is paying over listing price and throwing in extra cash!
i tried to go see this house on ewald circle the other day:
me and the realtor had scheduled a showing, but the owner never showed up to give us a tour :(
right now this is one i’d love to see bc it’s across the street from a bike path entrance??
my dad wants me out! i was headed to see the house on ewald and i was like “what questions should i ask about the house” he was like “how soon can u move in”
lmao00000oo ok i get it!!!!
anyway this is my #1 priority for the foreseeable future sewwww let’s make it happen baby!