first home purchase, with fiancee

This isn't mass-mailed pre-approved offer from a credit card, whose issuers also give card holders rope to hang themselves with, based on stated income.

A mortgage lender isn't going to give a borrower more than what they're qualified for, based on documented income, debt and other factors.

The two work very differently, at least since 2008.
He's talking about not maxing out your "budget" given by the bank on the house since they'll always approve you for more than you should spend.
 
well... that house wasn't meant to be ours... just got a text from the realtor, that someone else "put it under contract".... but she'll keep an eye out for something similar... here's the link to the listing, since it's not going to be ours...
https://superiorrealtors.com/property-details/429-LEWIS-BOULEVARD-LIMA-OH-45801/310117/443/
SO safe to assume you didnt make an offer on the house? or was it less than the asking price?

If this helps, when searching for homes. You can find out information on Zillow that the agent might not tell you.
Here is the price history on the home
Screenshot 2026-05-19 at 10.18.22 AM.webp

Source https://www.zillow.com/homedetails/429-Lewis-Blvd-Lima-OH-45801/33115822_zpid/
 
I know how to use zillow, thank you.... some people don't like them, and there are more real estate sites/apps than you can shake a stick at, so I posted the link from the realtor themselves.
no, we didn't put in an offer. ( first time buyers, we LITERALLY don't know what we are doing)
as i spelled out in the initial post ( or tried to at least) we saw a house online that we both liked, scheduled a viewing(on a Monday), and filled out an application and got Mortgage pre-approval.( on Thursday).

then the following Monday morning I get the text from the realtor that someone else put it under contract.
 
@earlyre in the future, once you see something you like, simply put the address in a search engine with the word "Zillow" after it and you will get a LOT of information on the home.
Or flip it the opposite of what you just searched depending on who paid to have that done …
 
@earlyre

Once you see something else you want to buy don't post it anywhere until you have the deal done.

You even have some unscrupulous
people here that would steal it from you... be very careful... most motor oil people can't be trusted.... 🤔
 
I feel like I should add in, that in my mind, whatever we buy, won't be our "forever home", but instead a stepping stone. the house I REALLY want, if mostly for sentimental reasons, is the one where my uncle Currently lives.

It was built for my grandparents around 96/97... a local Developer showed up at their old house, which was pretty rough, only real value was the land - lots of retail popping up around them, in fact the store where I've worked for the last 28 years is just behind that property... we used to play on what is now my employer, when it was a corn/bean field - anyway, the developer was starting a new addition a couple miles away, and offered my grandparents and both of their neighbors the same deal. I'll build you a new house, and then we just do a property swap*... so my grandparents got to live their last few years in a basically FREE brand new house.
My uncle was living with them at the time, and he still has the house, and it's in the names of all 3 brothers, that way if he sold it, he'd have to split the money ( effectively their inheritance) with his brothers.

I want that house when he Passes. which with his numerous health conditions, and the amount of prescriptions he's on ( better living through chemistry!) could be Tomorrow, or it could be 20 years from now...

as of this writing, I'm the only one of the cousins who a) doesn't already have a house of my own, b) still lives in the area, with no real plans of leaving. ( and when my brother moved back 10 yrs ago, he bought a house just down the street, and the older brother of My Childhood Best friend bough the house literally across the street from my uncle)

The house itself is nothing special, smallish ( just under 1300 sq ft**) 3 bed 2 bath .25 acre lot, semi customized for my grandparents ( took the standard design they were shown, pushed the kitchen wall back to make a bigger kitchen, and shrink the one bedroom, which could be a Nursery, or as it always has been my uncle's Home office ( traveling sales rep for var. hardware companies) but after moving in, Grandma felt like she was in a mansion.

* the developer wanted all 3 lots, and would then move his offices, etc to that location. only 2 of the 3 took the offer, the 3rd guy wanted a ridiculous amount of money, and a couple acres in the country for his .5 acre lot.. so the office move never happened, and his house is the only one still there, now with some kind of tarot/chakra reading thing... idk..

**1292 sqft,which actually makes it too small to be built in the neighboring township where my parents and I are, which has a 1300 sqft minimum, to keep out mobile homes...
 
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