Everyone told me that finding a house was tough part of getting a mortgage. I foolishly thought the hard part would be to find a house you like, and of course that’s part of it, but another part is finding a house you can afford. The lending rules are so strict that our choices are limited, and even the houses in our price range can go up when it becomes a bidding war. We’ve only properly looked at two houses so far; the first was gorgeous but it went up higher than we could afford, the second needed way too much work that would essentially drain us financially.
Let’s hope for lucky number three!