buying a new house

Well the only real nasty thing that happen to us when we bought our home was that the closing date got moved 3 times, we ended up closing 3 1/2 weeks late, which really though our plans off because we had the power, gas, phones, and direct tv set to go off at the old place and on at the new place- so I would suggest giving yourself extra time for those things- leave them on at both places for at least a week maybe two.

Keep up on your maintenance and pay more than your note is.

Oh gosh! Hubby and I have been through this 3 times in the past 10 years and we have some pointers for you! 1. Get the home inspected so you'll know everything that's wrong with it and have the sellers fix everything especially the most important things or they'll give you money to have it fixed. 2. Make sure your closing date is at the end of the month for it'll save you money in interest. I'm not sure how that works but trust me, end of the month, never at the beginning. 3. Get the home warrenty!! I can't stress that enough!! Try to get the better part of the policy because you never know what might happen in the first year you're in your house. You can renew it at the end of the year, if you want. Now we had the warrenty on all 3 places we've bought and luckily we did because like this house we're in now, the well pump went out which is about $2,000. but we only paid the deductable which was $75. the A/C went out, hot water heater, dish washer, central vacuum and I can't remember what else but the warrenty covered everything, all we had to pay is the deductable. (THANK GOD!) 4. Are you within 5 miles of the nearest fire department. If not then your homeowners insurance will be higher 5. Is the home in the country where you have a septic? If yes then you want to be sure it's been pumped clean. You'll have to have it pumped about every 3 to 4 years. 6. Is the house in a flood zone? If it is then you don't want it OR you'll need flood insurance. 7. Get a PITI loan. It stands for Principle, Interest, Taxes and Insurance. You pay a certain amount each month and your mortgage company will pay your taxes and insurance for you every year. You won't have to worry about any of it. 8. The first year is a MUST, with a PITI loan, pay at least $30. more towards the escrow because the insurance and taxes are just an estimate and if you don't have enough in your escrow after the first year, your payments will go WAY up! So to make sure you have enough in your escrow account, pay the $30. to your escrow account and then the following years you can alternate between escrow and principle. I hope this helps!! If I think of anything else, I'll let you know!! Good luck!!

That is awesome! I know you are completely excited! My friend and I are looking at buying a house this month as well. This year is a great year to buy a house what will all the tax credits and stuff they are offering. Be sure to get the house inspected before you buy it or even put in an offer so you can make sure there is nothing crazy going on with the house! Also do everything you can to find any government grants or funding to help you with a downpayment, etc. cause they are doing a lot of that this year! I'm not sure where you live but I know there is a lot here. And of course when you put in an offer you should offer lower than the asking price so you can get a better deal on it!