Dreaming of Condos

In that past month I have been seriously looking at purchasing a condo and believe that I have found the perfect one. Of course, everyone else thinks they have also found the perfect one so my hopes in getting it, even offering asking price instead of low-balling an offer, are rather slim.

Nevertheless, I'm still trying to work through the entire process of putting down an offer and getting educated on what needs to happen. And the honest truth on how I'm feeling right now? A) definitely overwhelmed, and B) on the verge of pissing in my pants out of fear. The condo is more than what I expected to pay for a one bedroom, but the features, size, and views of the city and the lake are absolutely phenomenal. So beautiful that you'd want to make an offer too. So beautiful, there are at least twenty other agents whose clients feel the same way.

Will I get it? I have no idea, but I'm going to try. I don't think I want to go into a bidding war, so I'm going to offer a rounded up asking price. The thought that this is actually going through is scary. So many things that I need to learn and understand, I'm not sure if I'm ready to make an educated purchase. Everything about it screams prime investment opportunity and it doesn't seem like I can go wrong. Just waiting on my Uncle to do a check on the building and then I'll know for sure if I want to go through with this.

The mortgage is another thing, and while I'm confident I can get approved for the loan, there are still many variables to consider. Like, if I want to use what I've saved up, can I still get it approved? Should I borrow from my parents? If so, how much? How fast can I pay them back? How fast can I pay the bank? How am I going to save any freaking money?

AHHHHHHHHHHHH!!!!!!