Two bedroom homes are hard to find. You can most likely find a 3 bedroom home in your price range.
The best way to determine if you will be able to afford the monthly payment and actually see for yourself every single cost that you will incur is to obtain a GFE (Good Faith Estimate.) Your buyer agent can go over the GFE with you as well as the mortgage consultant.
My professional advice to you is to first and foremost, find a buyer agent who will protect your best interests and only yours. Once you do that, sit down with the mortgage consultant who will actually take the necessary time to explain absolutely everything to you. The last thing that you want is to find a mortgage consultant who has no time for you and doesn't explain anything to you and trust me this happens all the time. Your buyer agent can assist you with this task.
Once you have met with and hired your buyer agent, sat with the mortgage consultant and established your team, then and only then are you ready to venture out and begin your new home search!
I sit down with every single one of my buyer clients and go over every detail of the buying process. If a buyer doesn't want to do this, then I won't work with them because it shows me that that buyer is not serious and doesn't care enough about their own rights.
I service all of Philadelphia, Bucks, Montgomery Counties as well as New Jersey.
Feel free to check out my website: http://www.reneeporsia.com.
You can read my popular blog which you will find very helpful.
I'd love to speak with you and your husband about your situation.
You can email me at email@example.com if you would prefer.
(215) 669-0589 Direct
(215) 358-1100 Office Ask for Renee