Calculating finances for the next few years we realized that it's more worthwhile to buy and resell than it is to rent anything pricier than we have now. We will need more space. We were hoping to swing it, but we're realizing that with 950 square feet and the layout of our townhouse, it'd be really cramped with two kids and a beast of a dog.
Our lease is up in June. We'd like to move then and open the townhouse for our landlords to rent to a new resident. The husband works with dh and they're great and so we'd like to help them by letting them rent to another resident.
So, when do we start looking? When should we try to buy?
Do you guys have apps or websites you recommend for house hunting?
Re: TTM about house shopping
Our list of requirements when looking at rentals has always been:
-allows 80 pound dogs
-2 bedrooms
-washer/dryer hookup
-in price range
And really, only the first one was the deal breaker.
Now we'll have to pick shit.
It's easier to list what you don't like vs what you do want. Start there. Then make a list of everything you loved about previous homes. You can find checklists online that will include items you may not have thought about.
There might be a lot more listings in a few months. We're waiting till Spring to list ours. Definitely check out an open house and get some ideas. Also, you'll need a real estate agent. Ask your friends for recs.
Start looking online first...use Zillow, and see if your area has an open MLS site. Once you've looked around and seen what's available, find a real estate agent to help you with financing and showing you properties.
We bought our house two years ago and really did most of the work ourselves. We found almost all of the houses we wanted to see and our RE was more of a tour guide. But he was great with the negotiations, and very helpful with a network of home professionals (ie: recommendations for plumbers, carpet cleaners, electricians, etc).
Good luck!
You've given us a lot of good tips and things we hadn't thought of.
This is all really new to us.
We looked some last night... Wow, there are some nice houses under 175 or 200 thousand.
We'll work on the lists and pre-approval and move from there.