For many, buying a house is the next logical step after getting married. With the power of combined income and shared liability, it’s a great time to plunge into the real estate world.
However, if it’s your first time buying a house, what you might not realize is that there are certain snafus you could run into when shopping with a partner.
To start with the basics, do you both know what you’re looking for? In order to narrow down your search, you each need to set clear expectations in terms of space, style, and location.
Here’s a tip, if the two of you do have slightly different visions, try to find something that will incorporate both- not a mix of the two. “Meeting in the middle” often leaves both parties unhappy, a better option is to find a property with a range of features that will satisfy both your individual needs.
Next, after surveying a few houses, going over your income, expenses, and mortgage options- agree upon a maximum and target offer price. These will be important if you end up in a bidding war with another buyer- you don’t want to end up offering more than you can afford and putting stress on you and your partner.
We hope you find a home that both you and your partner fall in love with, but if you need any help, feel free to reach out to us at Castles Unlimited or call 617-964-3300.