Becoming a Homeowner, Pt 4

Note: This part was written on September 1st. Currently, it’s the last in the series, but I suspect there will be a couple more parts coming. Those ones should be written and published in real time. While this one was written on Sept 1, I do my best to catch you up on everything that happened (SO MUCH) since part three. And yes, it’s as lengthy and rambly as usual.


Part 4: In which I, the incessant rambler and over-thinker, finally become a homeowner.

Welcome to our new home! We own it 🙂

That’s right: I AM A HOMEOWNER!

How insane is that? Even more insane, it’s not the townhouse we first fell in love with.

Let me catch you up, because so much has happened in less than a week.

So last Saturday, Colin and I went to see the townhouse and fell in love (part 3 of this series). The next day, we went back to the townhouse with Margie, Colin’s mom, and our realtor, Leslie. 

We pulled up as Leslie was just coming out of the house. She greeted us and then very quickly said, “Well, they’re definitely overpriced.”

I was intrigued. Did that mean we could get in for way less than we thought? Score! But then she continued to list some of her concerns with the house. Things we hadn’t noticed, like older appliances and a hole in the basement ceiling, came to light. Leslie also mentioned how busy the open house was, how the sellers had only lived there a year and how the realtor didn’t have any strata documents for her to look at.

To say we were deflated would be an understatement.

So we went to tour the house again and it was kind of painful. While Colin and I tried to point out all the parts of the townhouse we loved, Margie and Leslie continued to voice their concerns. There were the uneven floors, the heat in the second bedroom, the paint in the basement, and so on. It hurt to hear people talking bad about our house.

Despite the issues, Colin and I still felt that if we could get it for a good price, it would be worth it. We loved the location, the amenities, the space and the fact that a townhouse gave us three separate levels. But we were ignoring some of the issues. The complex is old – built in 1970. And there’s upkeep with a three-storey 1500+ squarefoot house. Plus, all the issues like ceiling holes and slanted floors we had missed the first time we toured.

So we drove off, feeling a bit less keen on our dream house but still holding out a bit of hope. We decided to check out another open house by Gateway station. We were in the neighbourhood, so what’s the harm, right?

As we pulled up, Colin and I noted how much we liked the look of the complex. The complex, Access, is right by the skytrain, but off on a quiet road. It was much newer (built in 2002), looked great from the outside, and was a four-storey condo complex, which we like much more than the high-rise condos.

We arrived intending to look at just one apartment but ended up touring three.  The first was a one bedroom plus den loft apartment. We knew that wouldn’t be enough space for us but the realtor was waiting outside happy to show the space, and we were excited to see a loft.

We loved the loft! It was awesome to have the levels and the super high ceilings. And there were even mountain views! Unfortunately, it was more of a home for one person or two people without much stuff. A two bedroom loft might be an option but we’d get priced out of that pretty soon.

The next was the apartment we had come to see – a two bedroom on the third floor for $375,000. While I loved the wood laminate in the living space, the layout was what I’m calling “skinny rectangle.” It seems to be the default condo layout. The skinny rectangle is when you walk in and it’s just one straight line of space for the kitchen, dining room and living room. Everything always feels very tight and would be impossible to try and put desks or even a proper table in there.

As we were planning to leave, someone mentioned that there was another two bedroom having an open house in the next building over (same complex). We figured while we were here, we might as well check it out. Funny how a fluke tip to check out the next building would totally change everything for our house hunt.

We headed up to the apartment on the second floor. We stepped in, and immediately we were all smiling. The space was big, it was bright and, most importantly, it wasn’t a skinny rectangle. There were multiple spaces, little corners and tons of windows. The bedrooms were a good size, there were lots of closets, and the floors were nice. The kitchen was good and the balcony was large. We were pretty impressed. Until we heard the price.

$409,800.

Well, that’s why we hadn’t seen this place online. I generally ignore everything over $400,000. I understand paying over four in New West but in Surrey – c’mon! But at the same time, we had never seen a layout like this before.

I mentioned to the realtor that she was priced over $30,000 more than the other two bedroom we had just seen, and she replied that it was due to the space. She also slipped in that they would be reducing the price the next day. I nodded politely, assuming this had been a wasted open house for us since there’s no way we could afford it.

So we emailed our realtor and casually mentioned that we were interested in this place and the potential price drop. We also sent a couple more apartment complexes that we were interested in, Ethical Gardens and Pacifica. Our realtor let us know that this unit in Access had actually been on the market for over 40 days, which was a promising sign. On Tuesday, they reduced the price from $409,800 to $398,000. Our ears perked up.

At the same time, we were dealing with all of our mortgage issues.

The main issue was our push to use the mortgage professional we had been working with and Margie’s reluctance. To do our due diligence, we agreed to take a meeting with her bank. On the way there, Colin and I agreed that we would keep open minds, but not sign anything. We wanted to be loyal to our mortgage professional who had been so helpful thus far.

To our surprise, the meeting at the bank went way better than we thought it would. Margie’s guy, Saj, was personable, knowledgeable and definitely looking out for her best interest. He broke down all the numbers, was able to offer us a great rate and was patient with any questions we might have.

To summarise a lot of back and forth, we ended up going with Saj and Margie’s bank for our mortgage. We felt bad that we couldn’t continue with our mortgage professional. But having Margie’s support was important for our mortgage. And for Colin and me, we wanted to make sure we were getting a good rate and working with a good person. We get both of those things from Margie’s guy at her bank.

During this time, we also let go of our townhouse dream. The age of the complex and the issues brought to light were starting to make sense to us. And the fact that both our realtor and Margie were against it wasn’t a good sign. Colin and I agreed that our next home could be a townhouse, but we could let it go this time.

So on Thursday, we arranged with our realtor, Leslie, to go back and visit the unit at Access again. We were excited to tour it again and liked it even better the second time. I didn’t let myself start thinking that it could be ours yet – I didn’t want to get disappointed. But I was definitely getting attached to the place.

Leslie really liked it. She pointed out how rare the layout and location of the unit in the building was. She understood why they were trying to price high but believed there would be some wiggle room. It was really reassuring to hear Leslie speak so highly of the unit as she’s had experience in that complex. She said she hadn’t seen anything like that one before. We got even more excited.

We also checked out a unit at Ethical Gardens. I could tell as we were walking through, Colin was already sold on Access. While there were some pluses about Ethical Gardens, like a super long kitchen, giant closets and proximity to the mall, there were some noticeable downsides. For one, the living space was tiny and likely wouldn’t hold a couch and a dining room table. It wasn’t the one for us.

Ethical Gardens. Lovely building, but not the right one for us.

So as we walked back to the car, Leslie gave us some more info and said to call her if we wanted to put in an offer on Access. We headed home to crunch some numbers but I think we both knew what we wanted to do by then.

We called and officially put in an offer.

And then that’s where the real drama and waiting by the phone began. There was a counter, and another counter. There were multiple contracts to sign. There were emails. There were calls with the realtor, with the bank and with each other. And there were rushed texts and constant inbox refreshing.

All to say, just over 24 hours after our initial offer, we were signing the final contract. We accepted their latest counter and we were officially buying a house. Ahhhhhhhhh!

Of course, there’s a little asterisk next to that. We have the next week to remove subjects which means we need to do the home inspection, appraisal and make sure all our financing comes through with the bank. If no red flags come up, we’ll pay the deposit next Friday and officially be homeowners. And then we pay up on October 5th and get the keys October 6th.

How crazy is that?

It’s insane to think how fast everything has gone. In the big picture, it’s a little crazy to look back and see all that has happened in a year. Next Friday, the day our subjects are removed and we officially get the house, is September 8th – a year to the day when Colin’s dad, Randy, passed away. I would have never believed if someone told me at this time last year that by now I would be living in a condo in New West with Colin and our dog, working fulltime as a freelancer, and now buying a home. Unbelievable! Colin joked that we might as well get married and have a baby this year just to get it all done.

And while it feels like I’ve been looking at homes forever, this part of the process went way faster than I thought it would. I’ve been looking online at homes for a few months. And in that time, we’ve probably been to about a dozen or so open houses. But I never would have imagined that we’d go to an open house, schedule a viewing, put in an offer, go through negotiations and have a signed contract on a house in less than a week. We saw the place for the very first time on Sunday and had a contract signed before Friday night’s dinner. Insane!

Colin and I were also saying to each other how lucky we got on this one. The very first home we put an offer in was the one we got. Of course, our first offer wasn’t accepted; we had to negotiate. But still – it was all with just the one home. And we weren’t in a situation with multiple offers where we had to outbid someone else. I always assumed if we bought a home in the Greater Vancouver Area, we would be searching for months, putting in offers on a few places before one worked out, competing with multiple offers and being forced to pay way above list price. But nope, none of that happened! Maybe that’s why people move to Surrey…

So yeah, that’s my life right now. I still can’t truly believe that we have a house – that we are homeowners. It sounds so crazy to me. I’m not sure it’ll feel real for a while yet. I wonder if it will feel the same as just renting in a new place. I hope not. I hope it’s different. I hope it feels like home. And I hope we’re happy there for a long time. Or a long-ish time.

And until then, my brain gets to be filled with all of the logistics and stuff we need to get done. For the next week, we hold our breath and wait while the financing, inspection and appraisal get done. We cross our fingers and hope that nothing bad happens and we can get everything finalized on Friday. My mom is also coming in from Toronto on Friday, so we get to bring her to the place, which is even more exciting.

And then there’s all the fun of moving. We have to tell our landlord we’re ending our one year lease super early and hope he’s forgiving about any penalties we have to pay. We have to switch our internet over, which was such a headache when we moved here from Kits. We have to cancel our utilities and start new ones in Surrey. We have to figure out home insurance. We have to pick paint and hire painters. We have to get boxes. We have to rent a uhaul.

I sort of feel like we just moved – which I guess we did, since it was only Feb 28 that we moved in here. So crazy that we’re going to be doing it all over again in such a short amount of time. But hopefully after this one, we don’t have to move again for a long time.

I’ve never lived in the same place for very long, and even less so in my adult life in my own homes. The longest would have been 14 months at my place in Kits before this one. So it’s interesting to think that this is going to be a long-term move. We don’t think this is our forever home, but it could be good for a long time. There’s enough space for us to be comfortable there as two with a home office/guest room and space to move the office into the main room, should we want to put a kid in the second room sometime down the line.

And it’s a move to Surrey, which is bittersweet. I know Colin is so excited to be closer to his friends and close to work. I’m excited for him. And I’m excited we’re by a skytrain so I can go and see my friends. And I know our neighbourhood is just going to keep getting better. The sad part is being just that much farther from Vancouver and leaving New West after such a short time. If we are going to be looking for more space for less money in our next move, it will likely still be in Surrey or even farther out. So New West isn’t really in the cards, at least not for a long time. Maybe we can come back here as retirees 🙂

But it’s all exciting! It’s nerve wracking and there’s still so much to do and wait on. But it’s exciting! We bought a house. We’re homeowners. That is just bananas!

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Becoming a Homeowner, Pt 3

Note: This post was written on August 26. If you’re following along in the series, this post was written after our meeting with the mortgage professional and after some refinement on our down payment number (not as huge as we once thought it would be but still a good number). It’s the third part in a long and rambly home buying journey. You’ve been warned.


So you know how window shopping is actually the worst because you see all the pretty things you can’t buy?

Yeah, that’s what open houses are like.

We’ve been to about 10 open houses by now in New West and Surrey. We popped into a couple around our neighbourhood and then scheduled out a weekend to see some in Surrey. So far, it’s been really informative. It’s great to get a feel for new neighbourhoods, see what is available, figure out what we like and don’t like, etc. When asked if we were working with a realtor, we’d say that we were just getting a feel for the market and were probably looking to buy in the new year. The selling realtor would praise us and our great decision to do some market research. Our parents were supportive and our mortgage professional thought it was a good idea.

So where did it all go wrong?

When we saw our dream house.

Okay, the outside isn’t that dreamy but I swear it’s nice in there!

During a late night scroll through my phone, I received an email alert that a new house had been listed in our Surrey areas. Curious, I clicked on the link. And I was intrigued immediately. It was a townhouse. The place was 10 minutes from the skytrain and mall, had an outdoor pool and playground, was three storeys and over 1500 square feet. Our current apartment is just over 500 square feet, so you can imagine how excited I was for the prospect of three times that!

I sent Colin (who was sleeping at the time) a message asking him to remind me to show him the place the next day. The next afternoon, I walked him through the listing. Colin was also intrigued. There weren’t too many photos so we were curious what the place really looked like. Was it actually three floors? Where did they put all that square footage?

So on Saturday, we rolled up to the open house. As we pulled into the abundant visitors’ parking across from a swingset, playground and basketball course, we began joking with each other saying, “I hope we hate it! The inside better not be very nice.”

But, it was really nice.

We had arrived a bit before the 2pm open house start time but were ushered in by the realtor. Arriving early allowed us to have the home to ourselves and we were free to ask the realtor all of our questions.

We walked into the living/dining room and were immediately impressed by how big it was. The photos online made it look way smaller. Next we checked out the good-sized back deck and discovered a shared, enclosed backyard where we could let Ellie roam free (if our neighbours were cool with it).

We headed upstairs to find two giant bedrooms. Seriously, such huge spaces! We were always thinking the second bedroom would be my office and when we have guests, we’d put a bed down on the ground. But with a second bedroom of this size, we would easily be able to fit a bed and all my office stuff at the same time. The bathroom upstairs was also giant and very modern.

One small corner of a very big second bedroom

The kitchen was updated and had pretty good cabinet space. We talked about where we might put a microwave and already I could see us living in the house.

Last, we went downstairs to see the finished basement. We were warned that it wasn’t quite finished but were pleasantly surprised. The space was huge! There was in-suite laundry, a half bath, storage and tons of space for hanging out.

Colin and I were getting kind of giddy. We started asking the realtor more serious questions such as the date for offers and when the current family was hoping to move out. We left with nervous smiles – what the hell were we going to do?

We sat in Colin’s parked car for a good 10 minutes just talking through the situation. Our original plan was to get our pre-approval in October and start looking for homes in the winter with a move-in date of Feb/March. We talked through the money situation and whether or not we could afford the $398,000 list price (or more if it goes above asking). And then we started talking about the logstics – could we get pre-approved fast enough to make an offer? Would our parents be willing to commit to down payments and get that money to us? Could we find a realtor?

ARE WE CRAZY?

The way I felt in the car is the same way I feel when I book a big trip. “Am I crazy?” keeps flashing in my mind. I’m nervous and I’m excited. I can’t stop smiling but I also can’t stop letting out exasperated breaths. It’s that feeling of taking a risk but knowing the outcome could be so good. I never thought I would feel that way about a house.

And best of all, Colin was totally on the same page. A part of me was scared that I would fall in love with the place and Colin would not be feeling it. Honestly, that might have been better because then he could have talked me down. But Colin was just as into it as I was. We both walked through the townhouse and actually felt like we were walking through a home. It felt like someplace we could live and be happy for a long time. We saw our futures there.

So after crunching a few numbers and assuring ourselves that it wouldn’t hurt to at least try, we decided to go for it. Could we pull this off? Remains to be seen.

Our first step was to talk to our parents. I texted my mom and called my dad – no reply from either. Colin’s mom had called us just as we were leaving the house to make plans for dinner – perfect. On the way to her house, we sent our mortgage professional an email asking if our crazy dream of getting the world’s fastest pre-approval was even possible.

Over the rest of the afternoon, dinner and dog walk, we talked to Margie about our dream home. I was so impressed and grateful that Colin totally took the lead on this one. He was the one who started using words like “dream house” and “we fell in love with it.” It made me feel so good to know that this wasn’t some scheme of mine I had pulled him into. Colin was just as into this as I was.

I also got to talk to my parents that evening. And to our surprise, all three of our parents were on board. Of course, they wanted to make sure we were doing our due diligence and asking all the right questions. But they were all super supportive. Colin and I kept expecting someone to say, “What? Of course you can’t buy a townhouse. Are you kidding?” But nobody did. We were expecting to be talked off the ledge but instead we were encouraged to jump.

So we emailed a realtor I had been communicating with to try and get the ball rolling. And we made plans with Margie to go back to tomorrow’s open house so we could show her the place.

When we finally got home, Colin and I were mentally and physically drained. Poor Colin had worked at 5am, so he was super tired. But I think our brains were also fried from all of the what-ifs and how-abouts of the day.

Lying in bed, Colin asked again, “Are we crazy?”

I mean, we probably are. It does seem incredibly fast. But there are also so many good points. I’ve been looking at homes for a couple of months now and I’ve never seen something this big, this nice, in this location for this price. And it’s the first one that has really felt like a home. There’s something about having multiple levels in a townhouse and not being able to see every square inch of your house from the front door that’s pretty cool. We asked the realtor about other units in the complex and he said they don’t come up often. The last unit to sell was winter 2016 – almost an entire year ago. So I’m scared if we don’t act on this one, we’ll lose out. And if this is a home we spend 5, 10, 15+ years in, will it really matter if we put in an offer two months earlier than we had planned? Doubt it.

But it still feels crazy. And maybe, even impossible. I’m trying not to get my hopes up. I know it is still such a long shot for this house to be ours. First, we have to hear back from our mortgage professional and see if she can help us out. Then, assuming she can, we’d have to get all our financial documents to her. Next we’re waiting on the lender and praying we get a good mortgage rate. Banking (pun intended) on a good rate and this place being in our price range, we then have to work with a realtor and come up with a good offer. And then there’s hoping that our offer is accepted over everyone else’s.

So yeah, we have a ton of hoops to jump through. Our mortgage professional could write us back tomorrow with a simple, “Yeah, you guys are nuts. You can’t get pre-approved fast enough and you’ll never be able to afford that place.” Or by the time we get approved, the place could have sold. Or if we manage to get an offer in on time, there could be a bidding war that totally goes over our heads. Or maybe some money bags will swoop in tomorrow and offer way more than asking and this will all be for nothing.

But despite this mountain of obstacles we’d have to climb, I’m still hopeful. I can’t deny that part of me fell in love with this house. Walking down the stairs, I actually felt like I was in a home – not just an apartment or a rental. It felt like someplace we could grow into. There were little things we’d want to change right away (like painting the very pink and very blue bedrooms) but nothing major. And there were still enough projects to keep us busy down the road (like re-doing the weird textured walls in the basement). I could see us cooking in the kitchen, Colin playing video games in the basement and me typing away in my office/second bedroom. I could see Ellie running around the backyard while Colin fires up the grill. And I could even see our future kid playing on the swings right next to our house and inviting his or her friends over to swim in our pool.

What was that about not getting my hopes up?

I know real estate isn’t supposed to be an emotional thing. But how can you not get attached to the biggest purchase of your life that you’ll spend so much time in? I can’t imagine buying a house I didn’t love. So since this one has already won my heart, I guess I just have to be prepared to have my heart broken…

… while still holding onto a glimmer of hope that we could actually end up living there!

Becoming a Homeowner, Pt 1

Note: This was written in early/mid August (I can’t remember exactly when) and is part of a lengthy, rambly series on our homeownership journey. Feel free to skip or skim if you’re not interested in homes! 


Image result for house hunters

No, we weren’t on this show. And no, we’re not buying a house on the water. But a girl can dream!

The first step to becoming a homeowner is deciding you want to become a homeowner.

Sounds obvious, right? Like, does this even count as a step? It sounds like it’s more of a pre-step.

But no, it is a bonafide step. At least, it was for us.

Home ownership was never something I gave much thought to. I grew up with divorced parents who would move everytime the lease was up. My mom finally bought a house when I was about 10 years old and sold it a couple of years later. My dad bought a house when I was 13 and actually still lives in that house. But by that point, I had lived in more than 20 homes between both parents so the stability of a mortgage over a lease didn’t mean too much to me.

When I moved out to Vancouver, I always assumed I would just be a renter. I liked the idea of being able to pick up and go. And I really loved the thought of moving abroad whenever I wanted.

Plus, if you know anything about Vancouver real estate, you know that buying here is a lofty aspiration. In fact, affording a home in Vancouver is more often the punchline of a joke than an actual reality.

But then we have Colin, my sweet, stable-home raised, boyfriend. Colin grew up in a single storey home in Surrey with his mom, dad and at least two pets at any given time. This is the only house Colin has ever known. He even has his height marked on the inside of a doorway. (Which, as someone who moved around a lot, is something I am so envious of).

Last year, after Colin’s dad passed away, his mom decided to sell the house. After many months of cleaning, donating items and taking truckloads of crap to the dump, the house was finally empty. Colin and I moved into an apartment in New West and his mom moved into a condo in Port Coquitlam.

The house in Surrey was no more.

Check out that stunning cherry blossom tree in front of the Surrey house!

But it lives on. We still talk about fond memories on the beautiful backyard porch. We remember the converted garage that served as Colin’s bedroom suite. And we even drive by every now and then just to see what the new homeowners are up to (they keep the blinds closed so we actually have no idea).

So that’s where we came from. I believed I would rent forever and that having a mortgage was too much of a commitment. The longest I had lived in one place as an adult was just over a year. Colin, on the other hand, was signing a rental lease with me for pretty much the first time in his life (he lived in North Van for four months during school but that barely counts).

We’re about halfway through our one year lease on our first apartment together. And naturally, the dream apartment we found in the middle of a snowstorm in December has begun to lose a bit of its charm.

The kitchen, which we loved because it was updated and had a dishwasher, is far too tiny. Two people in there trying to cook is ridiculous. The desk I bought from IKEA that we spent a few late nights spray painting and wallpapering has now become a glorified shoe rack.

Basically, our one bedroom has become too small. With me working from home full-time and our place being just over 500 square feet, this was only natural. It’s hard to make things work when my “office” is the dining room table which shares space with our TV, Colin’s desk and the couch.

This “dining room table” is now my desk

So, we knew we wanted two bedrooms in our next place. Being obsessed with research like I am, I got right to work looking up two bedrooms. I wanted to know what kind of places were available and how much more they would cost us.

I’ll be fairly open about our financials here. Our current 500+ square foot, modern, one bedroom apartment in a high rise in downtown New West costs us $1250/month. Which, as far as I’m concerned, is a pretty great deal. When we were first looking for apartments, we found that a lot of the nice new buildings in downtown New West were asking $1600+ for a one bedroom. And then the older buildings farther north had one bedrooms for around $1000, but we didn’t like the look or location. There was very little in the middle so I think we were lucky to find our place.

But my research showed that moving up to a two bedroom and still staying in our location was going to cost us. We were looking at places in the $1800-2000 range. The increase scared us a little bit. Before moving in with Colin, I was paying rent on a bachelor apartment in Kits (a steal at $850), so I was a bit more comfortable with the price jump. But I knew it would be a big change for us. Was it worth it?

I’m not sure how it happened, but I began to move my research away from Craigslist apartment ads and towards realtor.ca. I was curious! And the idea of homeownership had been dropped in my head. A friend of mine in Toronto was starting to look at the housing market with her husband (sending good vibes her way cause their market sucks like ours). And another friend and her partner had just purchased a place in Kelowna.

Plus, when we were looking for our rental last year, Colin’s mom had offhandedly mentioned that maybe we should buy instead. She was even willing to help us with the down payment, as she would have the money after selling her house. I was vehemently against the idea. I love Colin. But at that point, we hadn’t even celebrated our second anniversary. I had never lived with a partner before and Colin had barely ever lived away from home. I was not ready to sign a mortgage with him. Colin felt the same and after one morning of trying to look through house listings, we called it off and stuck with our rental plan.

But here I was, five months into our lease and looking at realtor.ca. What was happening?

I told myself it was just research. I just wanted to get educated. I was bored with the same old listings on Craigslist and I wanted to see something new. But was that it? A part of me that I hadn’t really acknowledged before was super excited scrolling through the home listings. And when I returned to the Craigslist ads, I was noticeably disappointed.

I spent a lot of my university and post-university years rejecting the ideas of traditional adulthood. I never really dreamt about settling down, marriage, kids, the mortgage and the minivan. I would’ve been just as happy travelling the world, moving countries every year and maybe having a partner by my side – kids were optional.

So I went out and I got those travelling experiences. I studied abroad in Amsterdam for five months. I volunteered in Swaziland for an entire summer. I travelled through Australia for a month. And I loved all of those experiences. But I also loved coming home. I loved decorating my apartment and picking out furniture. I loved having a neighbourhood sushi restaurant (my equivalent of having a local coffee shop) and house plants that I tried my best not to kill. I was craving a bit of a fixed life. I loved travelling, but I wanted a home.

And those home feelings definitely magnified when I met Colin. I got to see the world from his perspective, growing up in one home with both parents in the same place for his whole life. I found myself daydreaming about the fixed life we could have together. Slowly, the marriage, kid(s) and mortgage didn’t sound so bad – I’m still out on the minivan.

That’s not to say I completely gave up on all of my travel dreams the minute I got a boyfriend. It’s not like that at all. I was having those fixed life cravings long before I met Colin. In fact, I think things worked out with Colin because I was already in the mindset of placing some roots. And I haven’t given up travelling. Colin and I have gone on lots of trips together in our 2+ years of dating. And I even headed off to Vietnam for a month with a girlfriend while Colin stayed here. It was never and it will never be a matter of trading in my passport for a mortgage.

Hoi An, Vietnam

Sorry, I digress (again).

All that to say, I was looking at homes for sale and I was getting excited. And when I get excited, I have to start researching. So I started reading blogs about buying homes, what we could afford, what markets were hot and when was the best time to buy. I downloaded real estate podcasts and started sending questions to the podcast hosts. And, most importantly, I started talking to Colin.

Colin and I had already been talking about the move to a two bedroom. The idea of buying had come up but we thought it might be too expensive for us. These were all hypotheticals. And then, my research started to seep in. I would fill Colin in on everything I was learning, in small bite-sized chunks so he didn’t get too overwhelmed. Seeing as my previous obsession was talking about weddings, Colin was much more receptive to housing talk.

He started to get into it with me. I would call him over to my laptop to look through house listings. We would run the numbers together and see if we could afford it. We talked through neighbourhoods (more on this later) and sent each other links to relevant articles. Once the house hunt moved to Surrey, Colin got even more excited. We even spent one weekend in July going to open houses!

So, we were more than seriously considering it. We are more than seriously considering it. We are very much looking to buy a home when our lease ends in February 2018. We have crunched the numbers, gone to the open houses and started to reach out to realtors and mortgage brokers. We’ve started to discuss down payments with our parents and the state of our finances with each other. It’s happening! It’s kind of scary to admit but….

We want to be homeowners. We are planning to buy our first home in early 2018.

(Ahhhhhhhhhhhhhhhhh! Am I the only one freaking out? Typing that sentence gave me heart palpitations!)

Fixed life or a big trip?

Today Colin, my friend Malindi, and I stumbled into a few open houses after grabbing lunch in Olympic Village.  Every time we see an “Open House” sign, I always joke with Colin that we should go in but today we actually did it.  And even though we are no where close to being able to afford a house, it was interesting to walk through and consider what it might be like a few (or maybe a dozen, given Vancouver’s housing market) years down the road.

We ended up looking at three places: two one-bedroom condos in Olympic Village and then a three-bedroom here in Kits.  That last one was a bit more serendipitous than realistic; I kept saying we had to see three places just like they do on House Hunters and we happened to pass an “Open House” sign on our walk from the bus stop to my apartment.

And, oddly enough, the prices didn’t really shock us. Sure, half a million for a one-bedroom sounds horrendous but after all of the Vancouver housing market horror stories we’ve heard, it really didn’t seem that outrageous.  And after talking to the real estate agents, it became easier and easier to picture us house hunting for real.

But just a few days before this, I was knee-deep (aka on the 4th page of my Google Doc) into planning a 2-week Central America vacation for Colin and I: exploring the jungles and mountains of Costa Rica and then relaxing at a resort in Cancun.  And the night before that I was researching Alaskan cruises.  And then just yesterday I got all caught up in figuring out how Colin’s x-ray technologist certification would transfer abroad if we were to say, live in the UK for a year.

Travel has been a huge aspect and aspiration of my life for the last 5+ years. It’s been tough living full-time in Vancouver since I returned in Sept 2014 and not having a plan for a big trip anywhere. I can feel myself sort of grasping at straws to make any kind of vacation or travel plan come to life. I just want to go.

But at the exact same time, I love it here. I love that I have my own place, relationships, a job.  I love having a community and a cute neighbourhood (that’s not too far from the beach!). And while I know I could find all of those things abroad, I’m also starting to love the idea of a permanent fixed life in Vancouver.  Yes, real estate prices are insane but this city has really become my home and I do find myself wanting to put down roots here for a future.

So basically, I don’t really know what I want! I mean, in an ideal world, I have the money to take big trips, experience living abroad for a while and then return here to settle permanently.  And maybe that ideal world will come to be one day.  But for now, I almost feel like I have to make choices between enhancing my fixed life or planning for something bigger farther away.  When I put money into my savings account am I saving for a down payment or for a plane ticket?

Maybe the answer is both? A down payment is not a reality in my near future but a two-week trip to Central America definitely could be.  So maybe I save a bit for both of those things. And then maybe we put off moving abroad for a longer stretch until we’re more settled.  I guess I just don’t want to miss out on anything. I don’t want to have a mortgage but look back and wish I had traveled more or taken that opportunity to live overseas.  But I also don’t want to look back on years of travel and wonder why I can’t afford to buy a home or figure out my career path.

I think about my Aunt Deborah in times like this.  She traveled extensively when she was younger: living in Australia, backpacking through China, studying abroad in Europe.  But she also got married, had children and bought a house in Etobicoke. And despite having met those fixed life goals, she, and her family, still find the time to travel.  Deborah and my Uncle Chris took their first child Nathaniel backpacking through Southeast Asia when he was still being carried in a sling.  And right now, they’re on a house exchange in Europe with their two children for the summer.  So, I guess it can be done. Maybe I just need to call up Deb for some tips 🙂