Saturday, May 24, 2014

Shopping For a House is Exhausting

Shopping For a House is Exhausting
Photo by Kent County

Finding a house to buy is definitely exhausting. You would think it is exciting, no? My husband and I were in the market for our little dream house. We wanted a Victorian or Colonial style home -- with wooden frames around the doors, hardwood floors, shutters, made out of stone -- solid as a rock. We called it our Munster house, like the gothic or old-style home the Munsters had on the TV show. We like those beautiful old homes, and they aren't making them anymore.

The kitchen looked like it was in a country cottage -- with brown and beige tiling on the surfaces and the oven built into a brick surface wall, old-fashioned cherry wood cabinets. I was imagining filling the kitchen shelves with jars of my favorite herbs and spices, dreamed of cooking stews at the island block stove to serve my guests in the adjoining dining room. But my little dream crashed yesterday -- after a long and draining process, boo-hoo on me.

My husband and I had been searching for a home to buy for only a month, but the deal ob the house we loved fell through because the inspection revealed a host of problems that would be too costly to take on. Basically we were looking at paying out of pocket a very minimum of $20,000 to $30,000 for repairs. And the sellers wouldn't even come down by $2,500 in the selling price at the outset. Well now we aren't buying it -- period.

Dream House? Not so Fast.
Library of Congress, Prints and Photographs


Everything about trying to buy a house in exhausting -- especially for first-time home buyers. First, you need to scour the listings to find the house you really want that has all the necessary details for you, whether it be gas heating, a certain look on the outside, a minimum acreage, wood details inside, etc. Then you take tours of the property and find out that the houses are or are not what you thought they would be. Then if you make an offer, they either negotiate with you or they don't. Then you get inspections. If there are red flags the deal often falls through. If it doesn't then you can order your bank appraisal and hope they approve of it as well.

Outside of this you have mortgage pre-qualification, pre-approval, and a lot of paperwork to process, yes, even if you end up not buying the house.

Now we don't even know what to do next. Keep looking for houses? Take a break? Will we ever find what we really want?

I think by the time we actually get a home, we will walk in the door and simply collapse on the floor, falling asleep for a week.


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