Mission impossible: home edition
How does anyone afford to ever get a house? I mean obviously millionaires can just drop a shitload of money down and buy a house on the spot but how does one afford a mortgage if you are a regular person? Am I just making this too difficult?
WeÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢ve been pre-approved by 2 different places so far but in the end what I worry about is buying a house that we can afford monthly payments and nothing in our area comes close. See I figured we might be able to afford a certain monthly payment considering we might be able to afford a few more hundred dollars a month from what we pay now. The average house cost in the vicinity of where we live now is about $500 on top of the most I figured we could afford. I had no idea we would be expected to pay that much money and IÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢m at a total loss.
I did however make an appointment with the woman who did our most recent pre-approval for Monday to figure out all our options. I guess the worst thing would be weÃƒÆ’Ã‚Â¢ÃƒÂ¢Ã¢â‚¬Å¡Ã‚Â¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚Â¢d just have to wait until interest rates go down.
Sorry for one of the most boring posts in the world, I was just hoping maybe someone would have interesting comments along with this.