As the title states, I believe I'm in a good position to buy a house.
I have enough saved for a down payment + closing costs + a year's expenses (all, not just the house) and more. I also have very little debt.
The type of house I think is "ideal" would be a small ranch with a two car garage in the back yard (no alley).
If you've ever driven down Halsey or Carpenter in Milwaukee, you know the type of neighborhood I like. I prefer these houses because they tend to be easy to work on. I also don't mind a pink bathroom.
I've noticed a large number of houses around the 100k price that are in nice neighborhoods of Milwaukee (most areas south of Oklahoma, Bay View and west), Greenfield, Hales Corners, the niceparts of Stallis.
I was in West Allis, near Greenfield, a few hours ago and noticed lots of people outside. A few were wrenching on their cars and others were cooking on the grill.
I talked to my bank and another last week. They said that all of my finances are in ideal condition.
So. . .I still have a certain degree of uncertainty. I'm assuming that there are things I don't know that I should know.
One thing I'm sure of is that I don't want to live in the suburbs anymore. I drive about 500 miles per week. The savings alone will cover a significant portion of the mortgage payment. Having a garage is also nice when I want to fix my car.
I've contacted a few realty companies. I'm hoping to buy soon.