After months and months of planning for the big day, you’re officially married and ready to start your new life together. Then reality sets in. Where on earth are you going to live?
Ok, so maybe that is a bit dramatic. You’ve probably put some thought into where you are going to sleep following the wedding. But no matter where you are planning to stay for the moment, finding a new place to call your own goes virtually hand in hand with walking down the aisle.
As you begin your search for the perfect newlywed starter home, there are a few things that you are definitely going to want to consider. Here are our five most important tips to getting your newly formed family into a great house with as little issue as possible.
Establish Your Budget
The most important thing to consider before you can start searching for a starter home is how much you are going to be able to pay for it. If you are lucky, you might have a nice chunk of wedding money that you can put down on a home, but either way you are going to want to have an idea of what you can afford to pay on a monthly basis.
One common mistake many young couples make at this step in the process is that they completely forget to account for closing costs. There are lots of great mortgage calculators out there that can help you estimate what the closing costs might be on a property, but your best bet is always to consult with a reputable mortgage broker.
Define Your Priorities
Another issue that comes up with many newlyweds is the fact that there is suddenly going to be a second person involved in the process of making your life decisions. What seems like the most important things in a new home to you might be completely off of your new spouse’s radar, so you should take some time and talk through some of your priorities and then listen to what features in a new home your spouse values most.
Do Plenty of Research
The best deal for a starter home on the market today might not be a good deal at all compared to houses that have sold over the past year. Take your time and do lots of research into what has sold in and around your community in recent months and even years.
The more knowledge you carry into any real estate negotiation, the more well-equipped you will be to make sure that you are not paying too much for a given property.
Find a Good Real Estate Agent
One of the biggest assets in your search for a new home will be your real estate agent. Good agents know the local market inside and out, and they will be able to guide you into situations that are the best fits for your priorities and budget. Find an agent that you know, like, and trust, and then let that agent go to work for you. Lucky for you, we know some amazing agents here at Carrington Real Estate Services who are trained experts in not only first time home buyers but plenty of local markets!
Get Pre-Qualified for a Mortgage
In order to let everyone involved know that you are a serious buyer, you will definitely want to get pre-qualified. This can be done through reaching out to Carrington Mortgage Services and seeing how they can help!
Depending on what you are looking for in terms of priorities and budget, here are some of our favorite starter homes that might fit your needs.
196 Shinnecock Ave - $139,900
Listed at just under $200,000, this 3 bedroom, 1 bathroom house includes plenty of great features that would make it a perfect fit for a newlywed couple. It was originally built in 1970, but just about every details appears to be updated to look like it was just finished last week.
139 Talbot Rd. - $168,800
This 2 bedroom, 1 bathroom home would be a little small for a growing family, but it is a perfect option for a newlywed couple outside of Boston looking for a cozy house for under $170,000. There is a cool basement space for his friends to hang out, and the deck around back will be great for hosting her friends!
11221 Shelter Cove Loop - $169,900
Homes in Florida have been selling at value prices for years, and this 3 bedroom, 2 bathroom house in New Port Richey is another great example of what you can get for under $170,000 outside of Tampa. Built in 2008, this one features the open floor plan that everyone desires today, as well as access to lots of great community amenities.