Planning to buy a house with your partner [ in your city?] Make sure you’re both on the same page with these 15 essential questions!
1. What’s our ideal timeline to buy?
2. How much of our monthly income are we comfortable putting toward a mortgage?
3. Do we have extra funds set aside for moving and unexpected costs?
4. Is this home a forever spot, or do we see it as a starter home?
5. What are our must-have features, and what’s more flexible?
6. Which is more important: the location or the house itself?
7. What do we expect in terms of income changes over the next 5-10 years?
8. Could we manage the mortgage if one of us lost our job?
9. What’s our plan for handling repairs and maintenance?
10. Are we open to renovations, and if so, how much?
11. How much outdoor space do we want, and how will we maintain it?
12. How involved, if at all, will our families be in the process (financially or otherwise)?
13. How might life changes in the coming years shape our housing needs?
For non-married couples…
14. What happens with the home if we go our separate ways?
15. Should we have a cohabitation agreement or a verbal understanding?
❤️ Save this post for later and share with your partner if you’re thinking about buying a home together! A little planning now can set you up for a smooth, stress-free home-buying journey
Follow → @richardsareyhomeloans for your daily mortgage tips.
#mortgagebrokers #mortgagespecialist #mortgagebrokers[yourcity] #mortgagelenders #mortgageadvice #mortgagelending #homefinancing #homefinancingcenter
