After a couple of months off from house shopping, we are back at it this morning. I was able to get us pre-approved for a new mortgage, possibly two, this week. The best one may be through Jules Stewart at iFreedom Direct, but it also looks like our local State Bank of Cross Plains may have a good one too.
The problem is there are not many homes we like for sale in Cross Plains right now, and we are limiting our search to the village, or at least the township, so that the kids will not have to change schools. Did I mention that we love Cross Plains? 🙂 There is one home that seems nice and we are going to look at it this morning. It is on Thinnes Street, just a couple of blocks from my ex-wife (our only nearby babysitter), which of course means my daughters.
We are looking at homes considerably less expensive than before, about $50-60k less in fact. I am hoping that the lower priced homes will have an easier time appraising, and if not, that the owners, who are typically older, may be able to make up any shortcomings in a low appraisal. The home this morning is on the market for $234,500, and has been on the market a little over a month.
There are 3 other possibilities as well, but this home is our favorite so we are going to look at it first. Our lease has expired, but the landlords are allowing us to stay here month-to-month. But that is only until the end of August, so we either have to buy a home by then, or sign a new lease that will take us into at least spring of 2009, something we are trying hard to avoid.