Alrighty - so you may have seen a few of my Tweets this past fortnight or so begging for someone to buy my house ( or to lend me a few thousand dollars ) ? Yes well, i have the itchiest of itchy feet.... our little duplex is great and all but i just want to start the next chapter of our lives NOW. However, until this week, i havent done anything to make that happen other than trying to will myself to win the lottery. Apparently, no matter how hard you wish, you cant attract absoluetly EVERYTHING into your life...
An " Edward Scissorhands " neighbourhood - that'd be nice...
So i've decided i'm going to be proactive about this whole " lets buy a house" thing. I've gone to an open home for a house that would be in our price range, and i've had a chat to the real estate agent there about the market, how much we could expect to sell the duplex for, and how long it might take. I've made an appointment with our bank ( which bank? ) to see the home loan specialist, so we can figure out how much we might need to sell for to cover the existing mortage, plus commission/solicitor/etc blah blah blah, but also so that we can (hopefully) be pre-approved for a new loan. That way, Mick and I can have a realistic expectation of what we might be able to afford to spend on a new property.
I plan on making an appointment with a mortgage broker when i'm done at the bank. Mick isnt too keen ( he thinks we stand a better chance at the bank because we're existing customers ) but i want to know exactly whats available to us. I dont want to find "the" house, get a loan with our existing bank and then find out we sold ourselves short.
After all that, our plan is to list the duplex when we get back from our honeymoon, and begin looking for a new house right away. If everything fell into place ( which, lets face it - these things rarely do ) we would be able to sell the duplex and find a new house within a few weeks of each other, and move out of one and into the other before the 6 week settlement period was up. If we cant find and move into a house in that 6 week period... well, then it looks like we'd move in with my parents for a while. " Argh, no, dont do it! " i hear some of you shouting ( Holly is probably behind her screen screaming at me right now... )... but thats the only workable solution. If we did have that period in between selling and buying and we didnt move in with my parents we'd be homeless. And as frusturating as it may be to live in a household that would contain 5 adults ( including my sister ) and one toddler well... its gotta be better than having nowhere at all to live.
So - bring on November i say. Wedding, honeymoon, Wiggles concert ( i know - excited much!?! ) and listing a house.... you know, if my stress doesnt kill me first!
You need to do what you need to do (screaming but nodding with Holly) xx
ReplyDeleteTip - shop around between bank branches until you find someone who knows what they're talking about. We got stonewalled by one branch in Brisbane when we wanted to arrange our move to Tasmania. Found out that's where all the people who couldn't add up got sent. We to a branch in a better area and saw the most lovely of proper financial advisors who worked it all out and set everything in place for us. Worth his weight in gold. Good luck with it all!
ReplyDeleteIt will work out as it's meant to and if that means having to stay with your parents then so be it. I'm excited for you!
ReplyDeleteWhat's meant to be will be and I agree with Apple Island Wife, shop around and speak to as many places as possible!
ReplyDeleteAnd I hear ya on wanting November to come around quick, can't soon enough in this house!