Tips To Finding The Perfect Home As Newlyweds
Posted on: 4 October 2019
Getting married and starting a new life with your spouse is exciting. If you and your new spouse are in the beginning stages of buying your first home together, you're going to have a lot of decisions to make together. Sometimes, buying a single family home as newlyweds can put a strain on a new relationship. Here, you'll find a few tips to help lessen the number of disagreements that you have as you search for the perfect home to buy for your new family.
Discuss the Dream
Before you do anything, you'll want to sit down together and discuss what each of you picture the family dream home to be. Do you want to live way out in the country or in the city? Do you want a single-story home or a multi-story home? Do you want an attached garage, a detached garage, or no garage? Will you need two bedrooms, three, or more? Sit down and discussing these things before you even begin looking at available listings. This way, you can eliminate the types of properties that neither of you are interested in and narrow down the list substantially.
Consider Upkeep and Maintenance
As you search through properties, keep in mind how much work is going to have to be dedicated to upkeep and maintenance. Will you have the time and equipment to keep up with the mowing, trimming, and care of a big lawn? Do you know what it takes to keep a septic system functioning perfectly? When it comes to owning a home, the responsibilities can pile up. Make sure that you'll have the time to do the work, or that you'll have room in your budget to pay someone to do it for you.
Financing and Insurance
One way to make sure that you don't expect more than what you can afford is to get preapproved for a mortgage before you begin shopping around for a house. The preapproval process uses your income and debt information and generates a loan offer for you. This offer will show you what you can get financed for, a general idea of the terms and rates of the loan, and estimates of the monthly payments.
When you take a mortgage out on a property, you will need to carry homeowners insurance. The premiums on this type of policy vary by the value of the home and the deductibles that you have set.
Take your time as you choose your perfect house. If you feel overwhelmed or that tensions are rising, take a day or two off of the search and reset. You'll find the house that's right for you – just be patient.
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