I'm 26 years old, and I am about to become a husband. I am about to become a doctor. I am about to buy a house. I now have a pooch that makes me uncomfortable when I drive, and I have to unbutton my pants sometimes. I AM GETTING OLD!!! Jeff, how does it feel? (He's my big brother in law)
Well, now that I have learned that I am doing my internal medicine residency at University of North Carolina at Chapel Hill for at least the next 3 years, Nicole and I are looking into buying a house.
(Oh, Auntie Cecilia! So I am in Atlanta, Georgia, about 450 miles north of Tampa. But I will be moving to Chapel Hill, North Carolina, which is another 380 miles north of Atlanta. It will be exciting, but also farther away from home =( But thanks for the e-mail =)!)
I guess one of the perks to becoming a doctor is the fact that banks are willing to give a rising doctor a house. No matter how much in debt you are, they are willing to lend you money to buy a house. It is cool, but then again I feel kinda bad. Usually, banks require a big down payment to approve you for a house (around 20%), as well as many other little hoops to jump through. But for rising docs, they don't require any down payment, and are willing to loan you something like $200,000! All you need to do is show you have a residency contract, and decent credit scores! Apparently, out of all the professionals, like lawyers, businessmen, etc, doctors have the lowest foreclosure rate and therefore are the most desirable loan customers. But for the working poor, they have to work for ever to even hope to have a house. Its a shame...but while its there, I guess I should take advantage of it...
Anyways, Nicole and I went househunting in NC this past weekend. We found our location - we want to be in southwest Durham, a city between Chapel Hill and Raleigh. Yes, Duke is in Durham too, and I've already started to hate Duke, ever since they "sort of" offered me an interview, but I can't afford to live in Chapel Hill.
We found a couple of houses we liked. Our favorite house by far, however, sat on a sloped lot in the lowest part of the neighborhood. If a flood ever happened, it would be our problem. Here's a picture of it:

(House in Woodcroft. Our favorite house but situated on the bottom of a street, and on a slope)
Two other houses we like a lot, but didn't love like the one above. Here they are:
(House on Audubon Park. Newer, bigger and more expensive, and overlooks other properties)
(House in Hope Valley Farms. Cute house, a little older, not as bright on inside)
Any votes on the houses?
The question is, should we wait for other houses to pop up, even though these might be taken? Or should we place an offer on a house we like but don't love? Guess it all depends on how fast these houses will go (I'd say within a month), and how likely a better one will come along (I just can't tell). These are certainly nice houses though, and we'd be happy with them.
Anyways, here's what else is going on in our lives (I end up making these little bullet points cuz I'm getting lazy and don't want to type complete sentences...)
- Nicole and I are taking dance lessons for our first dance!! We're doing the foxtrot...has everyone heard of this?
- I'm pole vaulting for the first time in about 2 years this week....doing a couple of practice sessions, and then will compete this Saturday!
- Nicole is going to Dallas this weekend for her bridal shower...
- If we decide we don't want to put an offer on any of these houses, we'll go back to NC in about 2 weeks to look again
I think thats it for now. Talk to you soon!
Alan