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I would rent together for a year maybe two and then buy. Your finances will be more solid and prices will be lower. You should not rush into buying a house, especially in a declining market.
Humanoid is right, you should wait to buy. Rent first and then buy.
It is great that you can afford the place solely based on your income but I think renting for at least the first year together is better. You don't want to buy and see your down payment eorde with the equity in your home as values decline.
Location: Nothing could be finer... I'm in S. Carolina!!
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I know how you're feeling and I feel like I should chime in. Everyone is going to tell you to wait because it's probably the most adult thing to do - "wait". I've been "waiting" for over 2 years and frankly, I'm sick of it and want a house!! haha. The only thing I would be worried about is what if you find something you LOVE even more than this house closer to time? And is the house looking that you love or are you sure you LOVE this house b/c once you own it, there's no more house looking for 10 years or so. The other thing is would the owners be willing to stay? Do you know their situation? Maybe they would do a possible rent back (if they are trustworthy) or would allow you to put a deposit on the house to hold it until you're ready to move in. Otherwise, I don't know b/c you wouldn't want to leave the house empty that long. But I say if you love the house and want it, then figure out a way to go for it. You only live once!!
Why not offer significantly less than the ask/market and try to get a deal of a lifetime...
Even if prices drop another 15% you will be way ahead of the game... There are some really desperate sellers out there... Do your homework and get a great deal...
I dont understand people who says dont buy - "buy, buy, buy"... But buy under market.....
Thanks to the couple people who listened to my actual post! Again, I'm not asking if I should buy now or not, I'm asking if we could somehow buy in November/December but not move in to the house until March or April.
If you really love the house ( which is sounds like you do) and it "feels" right, then go for it. You can put an offer in and see what happens. As a seller, we just took a longer closing date from our buyers, ( over two months). We weren't thrilled, but we had to do it if we wanted the house sold.
You could possibly put in an offer and ask for the the latest possible closing date and then go from there. You would most likely get a counter offer which means the house is still on the table for you.
You never ever know in this market. The sellers might not HAVE to move right away. They MIGHT want to stay as long as possible. YOU NEVER KNOW THE OUTCOME UNTIL YOU TRY!
The only thing is` the sellers might not come down that much in price if you are asking for a late closing date.
If you don't put in an offer then you may always ask yourself "What if?"
Thanks to the couple people who listened to my actual post! Again, I'm not asking if I should buy now or not, I'm asking if we could somehow buy in November/December but not move in to the house until March or April.
Sorry
Just put a March closing date on the contract... Seller may not agree but you could try....
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rent, then buy
