Should we tie the knot before we buy our house?

Tying the knot

Anticipation is more than half the fun as your wedding day draws nearer and nearer. For sure, the preparations have been underway long before. The final exchange of “I dos” will be the final cap.

But wait: where do you spend the honeymoon? And more importantly, where do you go home to after the honeymoon?

Sorting through the buying decision before the wedding

The questions never seem to end. Do we get an apartment? Do we crash with in-laws? No to both these foregoing questions? Then, do we buy our own house? If we do, do we buy before the wedding or after? Will it be cash or installment?

The tame of heart will say it will be too much to absorb all that budgeting stress. The costs for the wedding alone will be substantial. Adding the cost of buying a new house, even the initial payment for a mortgage, will be torture at the most, if not nightmarish at the least.

The more courageous, and more financially capable, however, will say that it will make absolutely better sense to have their own house to go home to after the wedding and the honeymoon. The homemaking and family-building process can start immediately without the hassle of trying to find a new abode for the young marriage.

The basics of buying

If you decided to buy that dream house before you tie the knot, there are a number of considerations and preparations to consider.

You should decide on the type of house you will buy. The style, the design, the total build of the house should be a decision you and your spouse jointly make. Remember, if a good marriage is to last, the home must last likewise.

The couple will need to consider the neighborhood where they want to reside in the long term. This neighborhood will not only be where they will establish new relationships with neighbors and newfound friends, but this will be the same neighborhood they will be raising their kids in, the same one they will invite relatives and colleagues to visit regularly.

Check out the peace and order situation. You and your spouse can cruise along the neighborhood on busy days, or even on weekends to get a feel of the hubbub in the area.

Consider the utilities and amenities available in the area. Water, electricity, transportation, communication, and other public utilities ought to be readily available. Recreation, education, and others will also have to be within easy access to the newly-wed homeowner.

The price is another basic consideration. Not only should it consider the capacities of each of the spouses, but in case of a medium- or long-term mortgage, the projected family size, and accordingly expenses, will need to be factored in.

Then again, like celebrity couples, determining final title to ownership of the property will have a bearing on the buying process and terms. Clarifying ownership or possible division of ownership in case of death or divorce should be made early on. This will help determine the amount of financial contribution each spouse will bring into the purchase.

So is it an easy process? Not really, but one that has to be gone through, if ever you decide to buy a home before finally tying the knot.

About the Author:

Joe Cline writes articles for Remax Austin Texas listings. Other articles written by the author related to Rollingwood real estate for sale and west austin real estate for sale can be found on the net.