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Home Buying tips for newlyweds

Home Buying Tips For Newlyweds

  • by admin
  • May 25, 2017
  • Home Buying Tips

We are only two weeks away before the start of a new month. And you know what else is coming? The wedding month, so expect the wedding bells from ringing every now and then this June.

 

If you are one of the couples who will be celebrating love next month, or a couple who’s planning to have theirs in the next few months or years, you may be thinking about buying a home to start your new life.

 

To help you find the right property for your starting family, here are some of the things that you need to know:

 

Know your financial standing

If you are going to do this together, you need to know your financial standing. Talk to your partner about their income and assess if both of your incomes can afford buying a new property. Be honest in assessing your financial situation. It is advisable to create a budget of all the things that you need to spend every month and see if you can accommodate adding monthly mortgage of your house. This way you will be able to know which type of home you can afford.

 

Set your target

Don’t just dream to have a home. Make it a target. Some of the mistakes that newly weds do is that they don’t set specific goals when it comes to their dream home. They continue working and saving money in the hope that they will be able to get their dream home in the future. But working without planning is a risky thing to do. You may have savings, but will it be enough to pay for the processing or the down payment on your new home, to say the least? Make a concrete target. Let say, you wanted to have a home after 2 years, starting today, you must allot 10% to 20% of your money on your home. And you must be strict in following it.

 

Know what you need

I know most of us would love to live in a big house. But a big house for two people can be too much. It will be enough if your family is getting bigger. But for now, it is advisable to get a small one that your budget can afford. Then you can think of getting bigger homes when you have enough money. But for now, make sure that you only get what you need. This will greatly help you in budgeting your money well.

 

Go for the best location

If you are both working, you may want to choose a location that is near your place. This may save you time and money when it comes to transportation. There are a lot of house and lot properties today that are located in strategic areas. One of the many developments in Pampanga that you may want to check are located in Angeles City, Mabalacat City, Porac, San Fernando City, Mexico, and many more. And most of these locations are near the booming Clark Economic Freeport Zone.

 

Don’t rent, invest in a house

Since buying a house and lot property can be expensive and intimidating, many couples tend to settle for renting. But renting is impractical. We are just wasting our money on something that won’t be ours in the future. If you think you can’t afford to buy a new home, because it is expensive. Think again. There are properties today that are cheaper than renting properties. For as low as Php 3,000 a month, you can own a new home. Ask me how at 0918-963-6760.

 

Ask for the help of a professional

When buying a house, it is best to talk to an expert and licensed real estate agent. He/she will guide you throughout the whole process of home buying. He/she will also give you tips on how to best get and finance your home.

 

I’ve seen a lot of couples struggling to find the right home for them. And I would always provide them with free housing consultation to give them options and help them decide for their future. I also assist them in visiting properties to see if it fits their needs.

 

If you want to get free housing consultation,  just contact me at 0918-963-6760 or inquiries.iamahomeseller@gmail.com

 

If you want to get a free site tripping, just let me know your schedule and we can arrange one by filling out this link.

 

You may also browse this website to see the best properties for you.

 

Best wishes and congratulations!

 

Happy house hunting!

 

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About Mitch Prin

I am a licensed real estate broker who assists homeowners to find the best home for them and for their family. I am one of the Unit Managers of Hausland Development Corporation and Fiesta Communities Inc. I can help you find the most affordable rent to own properties and house and lot in Angeles City, Clark, Dau, San Fernando and anywhere in Pampanga or around Central Luzon. I also give free housing consultation and free property visit. Let’s talk at 0918-963-6760.