Since we have moved to Iowa, Bill and I have had lots of debates about how to handle the housing situation. We realize that we will probably have a "beach house" in Michigan for a long time. Although we are planning to relist the house this spring in hopes that someone in MI will still be employed and will be looking for a 5 bedroom house in our area and will not see any value in purchasing a foreclosed property, we are still realistic. Of course most of our debating has been should we continue to rent or should we look for a house. We are not good renters. We don't like sharing walls with the neighbors, we don't like to see eviction notices hanging on doors next to us, we don't like that the carpet is fraying, and the list goes on and on.
So as part of our list of cheap things to do, we have frequented more than I can count, open houses. I have spent countless hours on the internet looking for houses. I have daydreamed about owning a house here. We decided we could afford to own 2 houses. It wouldn't be the one big nice new house that we would like to own, but instead, we could afford an older less expensive house. Hoping that maybe we would find a house we liked that just needed some fresh paint we decided to look at some houses tonight. We found a house we liked. It has the space we need and in an area we like. Of course is also comes with 1984ish wallpaper and carpeting. But we have already started talking about which bedroom each kid would get, where we would put the couch and TV, etc, etc. We sent the realtor off to get more information for us and I am contacting the Mortgage company to make sure my pre-approval is still good, so stay tuned!
