Good Morning Friends….this weekend at our house was filled with lots of vapor rub, runny nose, congested chest, lots of throw up (on both Mr. Pancakes and I) and a little person who was sick but wanted to play like he was completely fine. That boy is such a boy even when he is sick. He is doing a little better today which makes us feel 100% better.
And i ran my first 5miles (in a looooooooooooong time) where i actually ran. 5miles in 66 minutes burning 715calories. I feel like i am finding my rhythm again and it feels wonderful. Of course the fat could be leaving my body faster but i can’t expect a miracle in three weeks. Patience is a virtue, which also speaks to a little of what today’s post is all about.
Operation House of Pancakes is in full progress. I am trying to be patient by not being saddened by the fact that interest rates may go up by the time we are ready to purchase a house. Instead, we are working diligently to increase our down payment and emergency funds so that we will be in a better position to purchase.
According to Suze Orman, who we enjoy listening to, one should NOT purchase a home until they have at least 20% down payment and an 8-month emergency fund. Which i feel is a little steep but we are going to strive for this goal as much as possible. At this rate…it seems like building up a 20% and an 8-month emergency fund is going to take forever BUT we have time on our side to make this happen.
Two years is a looooooong time. Sometimes…i want to just go for with it with a leap of faith but the more i think about this…the more i realize that we are going to live in this house for the rest of our lives (hopefully) so what’s a few more years.
In the meantime…we are learning all we can about mortgages…brokers, principal and interest, property insurance and so on and so forth. And of course i have been going crazy watching House Hunters every weekend. Looking up houses and the type of house we would like to have. I have a few more posts coming with style of house and decor inside and outside. That part of house hunting excites me WAY MORE than the numbers. I am so not a math person!!!
Question of the Day: What were some of the things you considered prior to purchasing a home? What kinds of things are you considering before purchasing a home?