Thursday, 19 October 2017

How to Decide on your Property Non-Negotiables with Your Partner

Written by Posted On Friday, 06 October 2017 05:27
How to Decide on your Property Non-Negotiables with Your Partner Pexels CC0 License

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Did you know that millennials have turned into savvy property investors? Not only do they have a different approach to life but they also take risks when purchasing properties. Buying a property is no easy task, especially when you’re buying with a partner since everyone has different needs, wants, and desires.

 

So if you’re buying a house with your spouse or partner, you need to create a list of “must-haves.”  It will help you narrow down your choice and get hold of that dream home faster.

 

Consider Affordability

 

Before you can even decide what features you’d like the property to have, you and your partner need to think about the budget, financing and the location. If you’re willing to buy in rural areas or outer suburbs you could get a bigger sized dwelling for a reasonable price.

 

If you want to purchase a property closer to the city though, you’ll have to be prepared to pay a higher price for it. If not, you’ll have to determine what compromises need to be made.

 

Typical Disagreements

 

Couples disagree about many things including the location, the number of bedrooms, and the size of the property.

 

Gender differences may arise too. Men are often in favour of buying larger parcels of land so they can have a garage or a decent sized parking space.

 

Women tend to look at the lifestyle they’ll lead in the house before purchasing it. One thing to be aware of though, is that there isn’t anything such as the ‘perfect’ dwelling unless of course, you have the money to build your dream home.

 

So you and your partner may have to compromise on something no matter how big or small it may be.

 

Meeting Half Way

 

Although you may not find a property that boasts of every feature you’d love to have, you could still find the ideal place by listing down your non-negotiables in order of priority. Some of the most popular non-negotiables couples want include plenty of natural light, good storage space, two toilets, and proximity to shops/cafes.

 

As humans, we’d all love to have those extra features that often come at a high price. It’s important however to stay within your budget and decide what you can and cannot live without.

 

here’s no point fighting over minor personal preferences in today’s fast-paced and highly competitive property market. So, do your best to stay on the same page even if it means compromising on a few things and start building equity so you can improve your finances.

 

Lastly, ask a professional building inspector to inspect the property you’d like to buy. It will prevent huge expenses and disappointments down the line.

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David Anthony

David a home handyman with interest in rural property design and renovation. He organic living, food, health and home decorating and home living enjoys bushwalking and living outdoors.

rlhomeau.houzz.com.au/

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