Real Estate News

Room For 2: First-time Home Buying Tips For Newlyweds


Written By: Realty Times Staff
Friday, March 08, 2019

Choose the Right Neighborhood for Your Budget

Kick off your home-buying search by exploring neighborhoods that fit your life>

Take a look at the neighborhoods that appeal to you from how long your commute will be to the available recreation. Outdoor lovers and hiking enthusiasts will have completely different criteria than someone who loves the downtown nightlife, and either option will affect your budget.

Right-Size Your Life

Buying your first home as newlyweds is full of hope and excitement of the years to come. Soon you start thinking about how it could be your forever home and hold all the children and guests of your dreams. But in reality, any home you purchase should be right-sized for your current life or the not so distant future.

For example, purchasing a home for the five kids you want is expensive with a lot of upkeep and overhead. You may decide to put off having children for several years or change plans. Instead, focus on the home you need for the next five or six years that can comfortably accommodate the two of you. An extra room for guests, a new baby or an home office can add the needed flexibility to your new home.

Stay Proactive About Safety

Some couples may choose a less than desirable neighborhood to offset mortgage costs. That may work well for your finances, but shouldnrsquo;t compromise your safety. Meanwhile, couples moving into safe neighborhoods with little crime activity can lead to complacency. Itrsquo;s always imperative to protect your home and personal safety regardless of your environment.

Start by installing a security camera system where you can monitor your home from the office, on the road or from your own bedroom. For example, Lorex Technology offers Wi-Fi home security cameras with two-way audio and night vision, as well as complete outdoor security camera systems. Joining your neighborhood watch or online community groups can help monitor for suspicious activity.

Keep Communication Open

Home maintenance, upkeep and ongoing chores can quickly create ripples in a marriage and impact your >

Your partnerrsquo;s demands at work could exponentially increase, or you may find you loathe the chore you signed-up for. Talk it out and support each other through the ups and downs of maintaining a home together. Donrsquo;t let your home become an albatross. At the end of the day, you want your home to be a safe haven for love and communication.



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Updated: Monday, May 20, 2019


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