I don't even know where to begin. Things are kinda stressful over here at the moment, and I have had no time to update my poor blog. Basically what caused all the issues is the face that we brought a dog. Well a puppy. A teny tiny little fox terrier cross that we named Max.
Basically we went to the mall to buy some butter. I wanted to do some baking and we didn't have any left. Peter also wanted to buy some new clothes, which was the reason for even going down that end of the mall. We went past the pet store, and there was a litter of puppies there.
Now I usually HATE dogs. I am NOT a dog person at all. I will put up with them in friends homes, but never ever wanted one for myself. Well.. I walk past this pet store, and I fall crazily in love with the little things. We walked away, came back, walked away and decided to buy him.
We get him home, and then we ring the rental agency to ask about pets. I know! Really did that the wrong way. But we had the cats, so we ( I ) thought they would be ok with it. Turns out they weren't. Not at all happy!
So instead of getting rid of him, we decide to move house. And on his nightly walk, we eventually decided to BUY a house. Just because. Our main reasoning is the grant that is available at the moment. First home buyers will get $21,000 towards a brand new house, and $14,000 towards an existing home. (up until I think its October this year)
Soooo with all that in mind we made the leap of faith and applied for a home loan. No deposit, debt out our ears, but we still went for it. Our aim was to buy a house, and with any left over money we would pay it towards our debt. Then we would just have a mortgage.
Ha. So we were conditionally approved for the loan. (I KNOW!!!! Blew me away too) BUT the condition was that we come up with 5% of the loan amount as a deposit.
I don't really know what we were thinking. Well I do. In an ideal world we wanted a 100% loan. Which is laughable. But in a way, it's nice to know that we can be approved for a loan. It's good to know that the minute we get the money we can go to the bank and redeem the loan. I guess it makes me put faith in my money and budgeting.
The only problem is that we now have a dog in a house that we can't stay in. So, we are moving. I don't know where to quite yet, but what a mission. Finding rentals, looking at them, filling out application forms…
All I am thankful for is that the rental market has changed in the year we have been here. When we arrived, there would be at least 5 couples wanting the house that we were looking at. People with better references, no pets and lots of $$$. Now we have houses on our street that have been standing empty for weeks and weeks. All these houses and nobody to fill them. I am hoping like crazy that this will make it easier for us to find a house.
Otherwise I am going to scream!
2 comments:
First off puppy is too adorable!
Second off congrats! It might be stressful now but it should be nice once all is said and done to have your own place.
Max is adorable.
You guys seem to follow a similar impromptu planning that works for us. Our first house was purchased when we went to the agents to look at a rental and came out as home owners - oops. It worked!
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