Beginnings

I decided to start a blog to document my pursuit into home ownership so that later, I can look back on this time in my life and, hopefully, think it was all worth it. Right now I'm just trying to find the humor in it all. What else can you do but laugh when faced with roadblock after roadblock....two steps forward, four back. The light at the end of the tunnel beckons but with my luck it will turn out to be a train coming!

So let me start at the beginning....

Two months ago I found the perfect house for me. Not the perfect house, mind you, just the perfect house for me. It's located in a small Southern town, has tall ceilings, fireplaces and hardwood floors. However, it's 100 years old and like any century old building, it needs work. The owners are asking a reasonable price but trying to get a bank to finance an affordable. albeit old, house is unbelievably difficult. They'd rather I spent 4 times as much on a new house that I can only afford on paper, not when it comes to actually making payments.

Because the home inspection revealed that the house needs a few things fixed, the largest being the wiring, the only mortgage option available is the FHA 203k rehab loan, a product designed to test the nerves and send sane people over the edge. Every day the level of ridiculousness reaches a new high and just when I think I'm nearing the end, I get sent back several steps.

I'm determined to persevere and with any luck, there will be a house waiting for me at the end of this journey. Feel free to join me for the ride!