ehhh... what?

[floatingleaf]

Another update from my real estate agent. It seems I am totally clueless about this whole business, because I had assumed that the property listings she had sent me were ones I had a good chance of being approved for. As it turns out, however, she is only now checking some additional info on these apartments, and most of my favorites are actually out of the question - either because they are not "FHA approved", whatever that means (she did explain it to me once, but somehow I don't seem to recall the details of that explanation), or because the transactions are supposed to be "cash only" (who on earth walks around with $50,000 of cash in their pockets?... and if they did, why would they want to buy a small, one-bedroom apartment?...), or for some other obscure reason. And as for the remaining ones, she's still waiting "to hear back from the agent" - which means they might also be out. So now I feel like an idiot, because I spent so much time poring over all the info, looking up all the locations on the map, trying to find out if they were close to a bus or train route etc. Besides, she already wanted to make an appointment with me for this Saturday, to show me all the apartments I had indicated I was interested in - while in fact we don't even know at this point if there are any that there would be a point in seeing. And she insisted I bring a family member with me, since I am a first-time buyer and might have a hard time making a decision - which is a perfectly good point, except she called me about it last night, and my dad works night shift, so he was at work already and I couldn't call him to find out if he will be available (my mother works on Saturdays, so she wouldn't be able to go anyway). So I spent most of this morning (at work) trying to get a hold of him - only to find out that he wasn't feeling well and didn't think it would be safe for him to drive until he gets better. So I asked the realtor woman if we could postpone it till next weekend - but now it seems I shouldn't have bothered dad at all, because there might not be any available apartments left for me to see or choose between. WhatEVer.

I'm just sort of confused and dubious about the whole thing. *sigh*

Comments

[willys-digs.livejournal.com]

FHA (http://portal.hud.gov/portal/page/portal/HUD/federal_housing_administration) is a mortgage insurer. It's going to feel overwhelming, I'm sure. But if it works out, I think it will be worth it. As long as you get stuck with good neighbours that is. :P

There's got to be something there for you. Just take your time and you'll find the right one.

hugs

Jo

[floatingleaf.livejournal.com]

Gee, thanks! Now I don't have to ask the same question yet again.:P

As long as you get stuck with good neighbours that is. :P

Yes. Nosy - and noisy - neighbors are the stuff of my worst nightmares, lol.

[taelyn-sass.livejournal.com]

House hunting is a pain. Good luck to you in your search!

[floatingleaf.livejournal.com]

Thanks! :)