Tuesday, July 14, 2009

Expanding Our Search and Setting Timelines

Watched "Property Virgins" tonight. It must have been an old episode, as the couple didn't want to go past $300,000.

Ha.

Sandra (the host) said they would need to focus their search if they didn't want to be looking at houses for a year. Oh dear...

Here's what's happening with our property virginity:

Jon heard from a friend that Kipling and Lakeshore was a great area. Toronto Life says it's one of the new up and coming neighborhoods. We took a ride on the motorbike yesterday to check it out.

Mimico has some fabulous old homes, with really lovely neighborhoods. That area could easily be "The Beach"-y, with the help of some cute (and brave) boutiques. It's so far from the city, though, so I think we've ruled it out.

We've set up some timelines for ourselves out of my fear that we're going to be looking forever, and continue to be priced further and further out of the market. We're planning on giving our notice at our current apartment at the end of August if we haven't found a home to make coming home feeling defeated a little easier to take, knowing we're at least coming back to a nice apartment. We've also given Toronto 3 years--if we haven't bought a house in 3 years, we're getting the hell out of the city.

Timelines are really important to me, as they give me some sense of control over the whole thing. I think it's really easy to lose sense of time while looking for your first house. For me, it's been helpful to know that we have some semblance of a plan, and that we're on the same page in terms of what we want, and by when.

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