Although buying your first home with a spouse or partner can be exciting, there can also be a fair amount of stress that comes along with it. For example, what if you both don’t agree on the ideal floor plan, price, or even location?
The good news is that there are ways that you can help to alleviate at least some of the stress of buying a new home with someone else – and that starts with having some important conversations before you even begin to search for properties.
Just some of the key topics to include in your heart-to-heart talks with your spouse or partner should include the following:
- What type of dwelling are we focusing on (i.e., house, condo, townhome)?
- Where is our ideal location?
- How much house / condo can we afford?
- How long do we anticipate living in this home?
- Do we intend to build / raise a family in this home?
- Are there any particular amenities we can or can’t live without (i.e., pool, large yard, etc.)?
- How much fix-up work (if any) can we do – or, are we seeking a “fixer upper” in particular so that we can fix the home to our particular tastes?
- Where will the down payment come from?
- How will we spend on other necessary home-related expenses?
Once all of these issues have been worked out – or at least discussed in a manner where, in some instances, you may have to agree to disagree – you can more comfortably move forward with searching for your intended home.
Having the answers to these questions can also help your real estate professional narrow down a list of potential homes that best fit your specific wants and needs.
Need assistance with finding that perfect home? Give us a call and we’ll help to get you going in the right direction.