We put house hunting on hold for a while. It was only for a couple of months, but it was well needed. It seemed like every time the realtor and I got together, she would mention something else that we would need to have money for before we could buy. Obviously, it wasn't as easy as it was made out to be and we decided to talk to the lender in April to make sure we knew exactly where we needed to be.
Yesterday we had a talk with the lender and found out that we have enough to purchase with one type of loan and just a few months away using another type of loan. It all depends on which loan the house we want qualifies for.
I'm happy to say we are no longer looking at an FHA loan. It was super stressful since our budget is limited and we would possibly have to do a rehab loan which would make everything more expensive. Instead, we can look for houses knowing that we can put work into it, if needed, over time as long as it's not an immediate need.
So, we're looking at one house and two townhouses on Tuesday. I'm happy to see our options, but not getting my hopes up too high that we will find the right one.
It's hard because everyone is telling us we need to be in our own place before the baby comes, but we (and Phil's parents) agree that if that is not what's best, then we stay here and continue to save.
I'm glad we have a back-up plan, but also miss our own space sometimes. It's still working out much better than I ever thought it would so that's definitely a blessing.