Living with someone for the rest of your life is a huge commitment and so is buying a house. If you are recently engaged, you may be considering the purchase of a new house. Follow these tips when you buy a house with your future spouse:
Consider Both Credit Scores
When you decide to purchase a home with your significant other, you need to keep in mind that both of your credit scores will be considered, according to RealEstate. com. For this reason, it is important you both work to improve your credit score. Pay bills on time and in full and avoid making major purchases or opening additional lines of credit. Having a better credit score for the both of you means a smaller risk of being denied a loan and a higher chance of locking in a lower interest rate.
Establish Some Rules
When you decide to purchase a home together you both should sit down and decide what you expect out of homeownership. How will belongings be organized? What is considered clean and acceptable? Who can know your address? These are all crucial things to discuss prior to investing in a home together. However, Rent. com recommended making sure you both negotiate. Remember, it’s important to live together in harmony, and there needs to be some give and take from both ends of a committed relationship.
Discuss Moving Day
Moving to a new home can be stressful. Try to make it as easy as you can on yourselves. Consider renting a storage unit to store some of your more valuable items and ensure they don’t get lost during the move. A storage unit is also a great way to keep larger pieces out of the way until you are ready to move them. To find the perfect unit, head to a SecurCare Self Storage facility today.