SO and I went and talked to the bank last week about getting a mortgage. Nobody told me how nerve-wracking it is to have someone pick apart your credit rating line by line! But, the mortgage guy was really very nice, told us that our credit wasn't that bad, explained to us how to make it better (really, there isn't much we can do considering the bulk of our debt is in student loans) and told me not to worry about the blips in mine (thank you, divorce!). Then, he as close to guaranteed us a sizable mortgage as he could without sending it away for approval.
So, this weekend we looked around and this afternoon we drove by a few places. The houses we looked at that were significantly under-budget were fine. Nothing special. Then we drove by the ones we really liked online, which were closer to what we were looking to spend. I think SO's exact words were "This neighbourhood intimidates me". Seriously nice.
Neither of us have ever owned before but considering that we're in our mid-thirties, we aren't looking for a starter home. At the same time, though, we still kinda feel...too young, maybe, to be buying homes that nice.
My friend told me this afternoon that we need to realize that SO and I are both professionals, with good jobs, and that there is no reason why we couldn't buy a house like that.