Home Buying Tips for Newlyweds

I3D I3D HOUSE BUYING TIPS FOR NEWLYWEDS PRIORITIZE! DO YOUR RESE ARCH Do in-depth research on which homes fit the requirements. Get a feel for what kind of houses are out there and what you like. Look at pictures and virtual tours but do not make any decisions based on the properties you find online. Sit down and discuss the kind of home you want to buy, where you'd like to live, and the specific must-haves for the two of you. FIND A GOOD REAL ESTATE AGENT YOUR FINANES IN ORDER Real estate agents are professionals who know how to get in-depth information about properties and steer customers toward the right home. You and your husband or wife must feel comfortable with your real estate agent. Sit down and make an honest assessment of your individual and joint financial pictures before launching a new home search. You will both need to provide proof of income, as well as be able to demonstrate credit-worthiness. DECIDE HOWNMUCH TO SPEND Housing consumes a large part of a couple's income, so it is vital to jointly decide how much of a home you're comfortable purchasing at this point in your lives. BE PATIENT! Keep your eye on the prize. While you should be willing to compromise on little things, you should not settle for a home in which you wouldn't feel comfortable living. DISCUSS EXPECTATIONS THINK OF THE FUTURE It's important to talk openly with one another about your expectations for your new home. Understanding what each of you wants individually, and what you want as a couple, will help you narrow the focus of your new home search. You're buying a home for your family. Thinking about how this home will influence your future, you must make sure you can afford it. That means you must be able to afford the down payment and monthly mortgage payments. ClarendonHomes Source: http://newlyweds.about.com/od/realestate/a/buyingahouse_2.htm http://www.mortgagecalculator.org/helpful-advice/your-first-home.php http://homeguides.sfgate.com/house-buying-tips-newlyweds-58609.html