{"id":14286,"date":"2019-12-03T15:15:00","date_gmt":"2019-12-03T23:15:00","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=14286"},"modified":"2019-11-28T15:08:57","modified_gmt":"2019-11-28T23:08:57","slug":"safely-navigate-the-house-hunting-process-as-newlyweds","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2019\/12\/safely-navigate-the-house-hunting-process-as-newlyweds\/","title":{"rendered":"Safely Navigate The House Hunting Process as Newlyweds"},"content":{"rendered":"<p style=\"text-align: justify;\">It\u2019s no secret that one of the many dreams of a newly married couple is to buy a house together. In fact, many couples have actually been putting off their wedding day in an effort to save for a down payment on a house.<\/p>\n<p style=\"text-align: justify;\">A house is one of the most expensive purchases you\u2019ll ever make, but a wedding isn\u2019t cheap either. The average cost of a wedding in the US is approximately $44,000 with wedding flowers alone costing $1,500.<\/p>\n<p style=\"text-align: justify;\">That being said, it\u2019s important to be cautious and to make the right moves when looking to invest in your first home together. Here are a few tips you can use to help you safely navigate the house hunting process as a newly married couple.<\/p>\n<p style=\"text-align: justify;\"><strong>Know your budget and don\u2019t exceed it<\/strong><\/p>\n<p style=\"text-align: justify;\">Before you and your partner go looking at condos in Manhattan where the average sales price is $1.9 million for a condo in an existing building as of 2017, make sure you have your budget calculated.<\/p>\n<p style=\"text-align: justify;\">To calculate how much house you can afford, you need to consider your joint household income, monthly debts, and the amount of available savings for a down payment. As a rule of thumb, it\u2019s recommended to have three months of your housing payments and monthly expenses in reserve as a buffer for covering your mortgage payment in case there\u2019s an unexpected event or expense.<\/p>\n<p style=\"text-align: justify;\"><strong>Don\u2019t assume you can fix every house problem<\/strong><\/p>\n<p style=\"text-align: justify;\">You might be tempted to try your hand at a home renovation project, especially if you can\u2019t find a home that\u2019s in your budget right now. But it\u2019s important not to invest in a home with the idea that it just needs a little elbow grease.<\/p>\n<p style=\"text-align: justify;\">Some houses that need a good spit shine can have hidden issues. Keep in mind that the home sellers are trying to get their property off the market. They might not have your best interest in mind.<\/p>\n<p style=\"text-align: justify;\">If you\u2019re interested in a house that needs a little fixing up, bring along a professional housing inspector and an architectural engineer to take a look at the property. Rooms that have been recently painted with 2019 color trends like sun-washed oranges and jewel tones could potentially be hiding aesthetic issues or even mildew.<\/p>\n<p style=\"text-align: justify;\"><strong>Remember some home projects are more expensive than others<\/strong><\/p>\n<p style=\"text-align: justify;\">If you find a home in good condition that needs some love, keep in mind that some home projects are more expensive than others. A house that needs a new bathroom could potentially send you over your budget even with a good mortgage rate.<\/p>\n<p style=\"text-align: justify;\">Take note of the projects the house would need and calculate those costs alongside the overall price of the home. For instance, a new and efficient HVAC system might be expensive upfront, but it\u2019ll only need an inspection twice a year. A bathroom remodel, on the other hand, could cost up to $11,000.<\/p>\n<p style=\"text-align: justify;\">It\u2019s crucial to be smart and cautious when you\u2019re looking to buy a home as a newly married couple. By following the tips above, you can reduce your risk of investing in a home you\u2019ll regret.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/realtybiznews.com\/say-yes-to-the-house-3-first-time-home-buying-tips-for-newlyweds\/98756702\/\" target=\"_blank\" rel=\"noopener noreferrer\">Say Yes To The House : 3 First-Time Home Buying Tips For Newlyweds<\/a> by Regina Gables | Realty Biz News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s no secret that one of the many dreams of a newly married couple is to buy a house together. In fact, many couples have actually been putting off their &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2019\/12\/safely-navigate-the-house-hunting-process-as-newlyweds\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14286","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Safely Navigate The House Hunting Process as Newlyweds &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2019\/12\/safely-navigate-the-house-hunting-process-as-newlyweds\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Safely Navigate The House Hunting Process as Newlyweds &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"It\u2019s no secret that one of the many dreams of a newly married couple is to buy a house together. 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