Yellow's Green

The Adventures of Money Blog.

Tuesday, January 30, 2007

We're Getting Closer!

But we're not there yet.

This weekend, there was an open house for a nearby home that has been on the market for a long while now. We stopped by on a whim and got very excited. It was a fantastic house with lots of options for doing the kinds of things we'd like to do. We started dreaming and getting excited the way we do.

So yesterday, we met with a relative who is a mortgage banker, to find out what we could do. By this time, our excitement had tempered into the realization that this particular house was likely beyond our means, but we'd like to figure out exactly what is within our means.

We are much more encouraged than our last round of house-dreaming. We are not there yet... we'll have to get to the earning point where we could have about $1500/month to pay mortgage costs. Now we have a much better idea of what our savings/earnings goals are.

This is good.

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