Should You Wait Until Marriage To Become A Homeowner?

One of the hottest debates concerning homeownership is whether or not a person should wait until they are married to purchase a home. A house is an investment and rates are historically low. You can’t find a better time to buy than now! If you buy now and get married later, you can always sell it and possibly even have equity to put into your new home. If you accumulate enough equity, you can even use some of it to pay for your wedding- isn’t that nice! If you get married sooner than you thought and the home hasn’t had time to build up the equity you like, you can decide for you and your spouse to continue living in the house. The good news is you’ll be paying significantly less for your home due to the second income. In addition, you can always have your wedding at your house☺. If you prefer to start your lives in someplace new, you can decide to rent it out for a year or two until the equity improves allowing you to move on to the next chapter of your lives. Perhaps, the best reason buy a house before marriage is that it saves that potentially awkward conversation of a prenuptial agreement when it comes to your home because whatever property you acquire before the marriage is yours. The bottom line points to homeownership, even before marriage, being a win-win situation. Never wait to enjoy life!! Do the things you want to do now, and if you get married later, that’s just the icing on the cake☺. Carmelle