Monday, August 23, 2004

the house

Found the house on Sunday, and just heard that it is still available. Step one, complete! Now comes the hard part... Financing. We crunched the numbers and it all looks good, however the banks will likely see it differently. I live like a miser and have 0 debt and excellent credit, but I'm sure that I will be penalized by that 28% rule. I hate that 28% rule! (mortgage pmt + tax + insurance not to exceed 28% of gross income) We are able to put 33% down on the house, so I'm just hoping that things will fall into place and go our way!

this is one of those pivotal moments in life... hopefully I will have good news in a few days.

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