If you are a newlywed, you and your spouse might be thinking about buying your first home together. Doing so can be incredibly exciting, but it can be a big step to take, too. This is why you shouldn't jump into anything too quickly; instead, you'll want to ask yourself and your partner a few things to make sure you're making the right choice, both in buying and choosing a home. These are a few things to ask yourselves.
1. Are You Happy in Your Careers?
Are the two of you happy in your careers? Do you feel as if your jobs are stable? If so, you may feel comfortable buying a home with a larger monthly payment, and you may not be worried about moving anytime soon. However, if one of you isn't happy with your current job, you should think about that before buying a home. You may want to rent a while until you make up your mind, or you may want to buy a home that the other spouse will be able to pay for on his or her income alone in case you change jobs or go back to school.
2. Are You Planning on Having Children?
Even though it might seem too soon to start planning for a family, it's smart to decide if you are planning on having children. For example, if you're planning on having a child soon, you may not want to purchase a house with one bedroom. Instead, you may want to consider your future family size when determining the number of bedrooms and bathrooms you will want, and you may want to consider things like the size of the yard and the proximity to good schools. It can be tough to think about these things during the newlywed stage, but if having a family is important to the two of you, thinking about these things now can save you a lot of headaches later.
3. How Do You Feel About Home and Lawn Maintenance?
As newlyweds, so far, you might have lived with your parents or in apartments that didn't require much (or any) home or lawn maintenance. Make sure that you are prepared for the maintenance that you'll have to handle in your new home. If neither of you are very handy, you may not want to buy an older home that may have more problems than a newer one. If you don't want to have to do a lot of lawn upkeep or if you don't have time, you may want to look into a property with a small yard or choose a condo or townhouse. If you aren't ready for any sort of home maintenance at all, you might be better off continuing to rent for now.
As you can see, there are a few things that newlyweds should think about before buying a home. By thinking about these things and talking to a real-estate agent from a company such as Smarte Realty LLC, however, you should be able to find the perfect residence for your new household.