NoNothing
Well-Known Member
Ive been wanting to make this thread for a long time, but with the offer finally accepted and me going in on friday with a contractor to go over the place, I need to share the great news!
So Im a 22 year old, straight out of college, lucky enough to be in a great job where I can afford to be doing this. Now you might say, straight out of college, what if you lose your job!? I've been working at this company for 3 years, Im confident in my position and job security to commit to buying a house. Ive just recently received enough of a pay increase having graduated to make it viable.
Not to mention I managed to qualify by myself, no need for a co-signer, at 5.54% on a conventional loan! No PMI FTW! I had a few things on my credit report that needed clearing up initially, after I got those taken care of I got off the FHA track and into a conventional loan. Apparently I owed an energy company $6.19 for a year and a half but was never notified, that didnt look great on my report, nor did the $3.18 fee I was charged by my local bank on my credit card I never use that I didnt pay for because I thought my balance was 0. Both of those were easily fixed as I had been a long time member of both institutions and both places were happy to help me out so I could get a better deal on a mortgage. (thanks DTE Energy and CP Federal Credit Union!)
Now the house!
It's a 1200sf ranch in Ann Arbor, Mi, about 5 miles from downtown where I work. 2.5 car detached garage (BREW HUT!) and a fenced in yard for a puppy the girlfriend and I are buying as a housewarming gift to ourselves. 3 Beds, 1 full bath and 1 half bath, the half is in the master bedroom. Its on .27 acre and 4/5ths of that is in the back yard, will be great for entertaining, front yards suck IMO. There is a nice big tree in the front yard that shockingly lets a ton of light in but cools the house. The basement is full and partially finished, I'd love to throw a bar and a pool table in the main room in the basement, but we'll see, this obviously isnt someplace Im going to live forever nor is it a dream home. I need to think about resale when I put things in, not what I want, though I dont think Ill put much in I dont really want . There is a patio out the back door, which will be great to brew on! Though it's cracking a bit, may need replacement at some point soon. The kitchen is HUGE, and comes with a gas range, a huge sell for me, I cant stand freaking electric heat (though induction might be nice). The basement also has 2 rooms in it, one larger one with windows that would make a decent office and another room that would be a nice storage area. It doesnt have forced air, so that's a bummer, it has boiler radiant heat, I do plan on putting A/C in eventually from the attic to help with resale, but I'll live with the attic fan and window A/C units for now.
Im STOAKED about this, Im nervous, scared, excited, anxious, so many emotions, but overall Im happy with the way things are going.
It'll be nice to not have to move twice a year (college) and have a place I can keep my things permanently. Not to mention finally get a dog, and the girlfriend is moving in with me too!
Anyway, I needed to share the news, now go about your day.
I dont have many pics right now, Ill throw some up when Im not at work.
So Im a 22 year old, straight out of college, lucky enough to be in a great job where I can afford to be doing this. Now you might say, straight out of college, what if you lose your job!? I've been working at this company for 3 years, Im confident in my position and job security to commit to buying a house. Ive just recently received enough of a pay increase having graduated to make it viable.
Not to mention I managed to qualify by myself, no need for a co-signer, at 5.54% on a conventional loan! No PMI FTW! I had a few things on my credit report that needed clearing up initially, after I got those taken care of I got off the FHA track and into a conventional loan. Apparently I owed an energy company $6.19 for a year and a half but was never notified, that didnt look great on my report, nor did the $3.18 fee I was charged by my local bank on my credit card I never use that I didnt pay for because I thought my balance was 0. Both of those were easily fixed as I had been a long time member of both institutions and both places were happy to help me out so I could get a better deal on a mortgage. (thanks DTE Energy and CP Federal Credit Union!)
Now the house!
It's a 1200sf ranch in Ann Arbor, Mi, about 5 miles from downtown where I work. 2.5 car detached garage (BREW HUT!) and a fenced in yard for a puppy the girlfriend and I are buying as a housewarming gift to ourselves. 3 Beds, 1 full bath and 1 half bath, the half is in the master bedroom. Its on .27 acre and 4/5ths of that is in the back yard, will be great for entertaining, front yards suck IMO. There is a nice big tree in the front yard that shockingly lets a ton of light in but cools the house. The basement is full and partially finished, I'd love to throw a bar and a pool table in the main room in the basement, but we'll see, this obviously isnt someplace Im going to live forever nor is it a dream home. I need to think about resale when I put things in, not what I want, though I dont think Ill put much in I dont really want . There is a patio out the back door, which will be great to brew on! Though it's cracking a bit, may need replacement at some point soon. The kitchen is HUGE, and comes with a gas range, a huge sell for me, I cant stand freaking electric heat (though induction might be nice). The basement also has 2 rooms in it, one larger one with windows that would make a decent office and another room that would be a nice storage area. It doesnt have forced air, so that's a bummer, it has boiler radiant heat, I do plan on putting A/C in eventually from the attic to help with resale, but I'll live with the attic fan and window A/C units for now.
Im STOAKED about this, Im nervous, scared, excited, anxious, so many emotions, but overall Im happy with the way things are going.
It'll be nice to not have to move twice a year (college) and have a place I can keep my things permanently. Not to mention finally get a dog, and the girlfriend is moving in with me too!
Anyway, I needed to share the news, now go about your day.
I dont have many pics right now, Ill throw some up when Im not at work.