Home ownership

AH!

So, I was talking to my dad on Sunday about how life is great and stuff, and I mentioned to him that despite my deep and abiding love for him and my mom, it's my goal--sometime in the next six months or so--to move out of their house. I mean, don't get me wrong, living at home has its perks, but after four years out on my own, its a little claustrophobic. So the goal is: get the car paid off as much as possible, save up some cash in the meantime, then get my butt in gear and find an apartment.

However.

My father made an offhand suggestion at the time. He said something to the effect of, instead of investing in somebody else, how about you wait a little longer, save your money, and then invest in yourself and buy a house.

Wait, what?

Me, buy a house? Me, a twenty-something, to whom it was HUGE to get a car loan and be making that monthly payment. Home ownership is SO out of my league, it's not even funny. I don't know the first thing about buying a house! This is HUGE. Like, a life-long investment. I mean, home loans are like 30 year investments. I thought a four-year car loan was bad (trying to pay that one off in two, but we'll see how it goes!) Home ownership, I thought, was so totally out of my league as to be laughable.

Except, like so many things in my life, I can't stop thinking about it.

This morning, I kind of started asking my mom about logistics. The very basics. This whole affair is absolutely foreign to me, I can't even tell you. But as the day went on, I started looking up mortgage calculators (which I still can't make heads or tails of) and calculating exactly how much I could pay every month on my limited salary (with a car payment to boot) and what I would have to rent out the rooms for in order to make ends meet...

You can probably see where this is going. But the biggest surprise was when I got home--to hear that my parents had found a house. It's in our stake (one of my primary stipulations at the moment) and it's pre-foreclosure, so it's ridiculously low-listed, even in the current market. I insisted on going over to see it. Haven't been inside yet, but the outside is c-ute. At this point, I should have slapped myself to wake up from this nonsense, but it hasn't happened yet.

How do these things happen? It's one thing to discuss investments with Melissa (thinking at the time--that's cool, but I couldn't do anything like that) to semi-seriously discussing this with the parental unit. I mean, how many 22-year-olds do YOU know who own their own home? Seriously! This is craziness.

But...it's kind of exciting all the same.
I'll keep you posted.