The House
I guess I should mention that we are closing on Tuesday huh!? 
Yes, indeed we are closing on our first home this Tuesday. Our Realtor was a tad worried because we didn’t seem so excited. Well, we are, but a bit nervous at the same time. We have already been to the closing table once, entered into and exited 3 contracts before settling on this home. It has been a rollercoaster of sorts and I can safely say for the both of us that it won’t be real until we have the keys. So while we are excited we know that it isn’t over until all papers are signed and we are the legal owners of this home.
I wish I blogged here while going through the process but it was definately a learning experience, especially with the recent market down turns. Some sellers just aren’t tapped into reality and still holding on to the possibilities that the boom of 2005 brought others. Our seller was actually quite reasonable in his pricing but difficult in other ways, still it worked out in the end. We love the home we finally settled on. It is 3000 square feet with 4 bedrooms and 2.5 baths. I can safely say we will be here for a while even after 2 children. So for us this is the perfect starter home and I couldn’t be happier! I just need the keys!
About the Author: Girls Just Wanna Have Funds is for the woman that wants to take charge of her personal finances. We value budgeting, investing, frugality and remain mindful of our spending habits. Move over and make way for women who are in control of their financial destinies and not afraid to say it. We're armed with a positive net worth and not afraid to flaunt it while breaking financial ceilings one stiletto at a time!
Beverly from Georgia | Jun 17, 2008 | Reply
Sixteen years ago we felt the same way leaving an apartment payment of $385 and taking on a 30 year mortgage with a laughable monthly mortgage of $770 a month. (Homes are significantly less expensive in the South by the way.) We haggled back and forth for many years about moving into another home with all its shiny “new”-ness and then realized, our house will be paid off in 4 years. Our son leaves for college in 7 years. Imagine being debt free from the mortgage and giving him the best start in life we can with an ivy league education. As I sit in my 3 bedroom, 2 bath house with all of its imperfections, I can rest easily, unlike millions of Americans, who are just walking away from their overpriced homes because of a bump in the economy. For readers, let me encourage dividing your monthly mortgage payment by 12 and adding that small difference to your monthly mortgage—it works out to an extra mortgage payment a year and will save your readers thousands of dollars in interest and shave a couple of years off that 30 year mortgage.
Beverly from Georgia