We are almost out of the woods after entering them today. We have finally entered a contract on a desirable home for a whopping 195K. Not my ideal number, but fuck it this market is awful and I need to gtfo of the living situation we are in now.
That is going to be a 185K loan and the associtation fees are 175/month which is like 1400/mo or a little more not so bad.
Next steps are to get a full inspection, then get homeowners insurance on the property and deal with the underwriter, possibly simultaneously.
Then there is the 5K escrow payment I have to make and then later pay 5K more to close the deal. This doesn't include the possible 5K in closing costs... looking at 15K, this doesn't include moving and a very very very small amount of renovations. Paint and organizational units. IE: getting the closet furnished so we can be organized properly.
Oh boy... this going to be something.
Finally, when this is all said and done, I will be more than happy to start paying off my student debt. Just pay off gobs and gobs of my 29K debt.
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