House Buying Advice For Newly Engaged Couples

Written by Posted On Friday, 21 June 2019 09:02

Buying a house is one of the most fun and exciting things newly engaged couples can do. Although it can come with some hassles and large costs it is a great way to set up security for the future. Aside from buying engagement rings buying a house together is often the next big step. Below are just a few simple tips to help make house buying a little simpler for newly engaged couples.

 

Location

 

One of the most important factors when determining where to buy a house is to decide on the location. Deciding on a location for long term can often seem like a daunting task. When purchasing a house it is important to consider where your careers and interest might take you in the future.

 

Compromise

 

Although this one seems simple it can often be a problem for some couples. This is especially true of couples who have never lived with a partner before. Buying and living in a house full time with someone does require some compromise. Try writing down the things you know you wont compromise on such as having a backyard or a big open kitchen. Not only does compromise make things go smoother but sometimes individuals can find things they never thought they would want.

 

Consider Kids

 

One thing to consider when purchasing a house as a newly engaged couple is to take into account if you are thinking about having kids. Even if it may seem far into the future sometimes it is better to buy a house with the extra room while you have the means and money.

 

Put The Title In Both Names

 

Many people overlook this fact but putting a house in both partners names not only helps to make things fair but it also adds a level of safety and security for each person. In the event of an untimely death or even a divorce the last thing couples want to worry about is who legally owns the home.

 

Rely On Both Credit Scores

 

Many banks and home finance companies offer better alternatives for individuals who pool their credit score together. Sometimes one credit score maybe lower and will often affect the cost of buying a house. By combining two credit scores together companies often have more to rely on. However if one persons score is very low it may be best to leave them out as it can cause the price of the home to rise.

 

Hire A Realtor

 

Some people overlook this step due to high costs however a realtor can be very beneficial in helping engaged couples to buy a new home. Not only do realtors have the most up-to-date information on new listings but they can also offer a ton of information on the house buying process.

 

Start Over

 

After purchasing a new home it is a great time to start over. Throwing out old used items that are broken or dirty is a great way to start fresh somewhere new. Starting with new furniture and decor is also a great way to build the home together with each others tastes combined.

 

Although there are a lot of things to take into account when buying a new home it should be a fun and exciting process. Another great tip for newly engaged couples looking to buy a house is to put everything in writing. Everything they want in a home as well as everything they expect to pay for and do in the home. Not only does this help to split cost and responsibilities but it also puts both partners on the same page.

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Carol Evenson

Carol is a home renovation specialist with a background in organization and sales. She assists realtors with business management and growth.

https://twitter.com/cmill_com

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