Update August 31 @ 2:24 p.m.: I was pre-approved but for far less than expected, just $100,000, though I do have some savings that I could put to a larger down-payment. That said, some of my priorities have to be changed. Broadly speaking, I’m looking for a home that is selling at or not far beyond $100,000, is livable but could use real work. Some of my specific interests, though, are below.
Sometime next week, I’m told, I’ll be pre-approved for an FHA-backed mortgage through PNC Bank.
I hope to write about the process here a bit, particularly from the take of a self-employed young person, so it has relevance.
But to start,I’m beginning a more serious hunt for real estate in Philadelphia — a likely, but not certain decision to buy my first home in the 215.
I don’t have an agent. On the advice of a friend who plans to take the real estate exam next month, I’m starting by sharing what I want in that purchase and looking a bit on my own using powerful Web searches.
If I pick a neighborhood on which I am certain and come across an agent I trust who has some experience in that ‘hood, perhaps that’s someone who could represent me.
I’m a young, pre-approved first-time home buyer who is currently renting month-to-month and serious about for what I’m looking. I’m told I’m someone an agent might like to work with. While my pre-approval limit hasn’t yet been fed my way, it will likely be below $200,000, though I’ll be bargain hunting for something well below that.
Below, I share just what it is I want and will take any help or advice I can get.
Continue reading I'm buying a house and looking for help
I pursued lots of advice in my young freelance career. A lot of it has been good. A lot of it has been repetitive.
