Home Buying Tips for Newlyweds

    Home Buying Tips for Newlyweds

    May 21, 2018

    If you’re like a lot of newlyweds, you may be thinking about buying your first home soon. It’s a perfectly natural step for couples starting their life together. Buying your first home as a couple is a big decision, and it’s probably the first time for both of you. Make sure you take the right steps to make the home buying experience as smooth as possible. Here are a few tips to help you get it right.

    Identify What You Want In A Home-

    Sit down and decide exactly what you’re looking for in your first home together. Are you planning on having children in the near future? You’ll want to look for a house with enough bedrooms and other features you desire. Is a short commute to work a priority? Look for a house close to where you work. Consider other factors, like property taxes, traffic patterns, nearby amenities and anything else that’s important to you.

    Be Thorough-

    Find out everything you can about a house you may buy. Get home inspections done by reputable companies. Make sure the basement doesn’t flood during storms. Check for hidden problems like termites, bad pipes, etc. You don't want a problem you missed before you close the deal to turn up later and wreak havoc in your life.

    Get A Trusted Agent-

    Talk to friends and family and get some recommendations for a good real estate agent. A good agent can discover information about a home you might not be able to find. They ensure you get the best deal and can find out about any legal issues with a home that might derail or complicate a sale.  

    Start Saving Early-

    You will probably want to have some money saved up so you can make a down payment when you find the right home. This can be as much as twenty percent of the home’s value, but may be less. The more you have saved up, the better your options will be when it’s time to buy your first home together.

    Buying a home is a big step and you want to plan accordingly. It’s the largest purchase you’re likely to make in your lives. Make sure you get your ducks in a row to get the process started right.