Posted by Laurie Randazzo on Tue, Sep 15, 2009 @ 11:17 AM
One of the most major life events is to get married. In addition to planning the wedding itself, you and your future spouse should also be planning your financial future beyond the party.
Make sure you are both able to reach a consensus on important financial issues:
- Will you combine all of your accounts or keep them separate?
- Who will be in charge of paying bills each month?
- Will you buy a house or look for an apartment to rent?
- How often should you plan on buying new cars, furniture, appliances, or other big ticket items?
- Will you buy with credit cards or save up first?
- How much of your own debt and your spouse's debt can you live with?
- Would you like to talk to someone about a budget?
- What is your investment strategy?
- What are your financial goals?
These may be tough topics of discussion, but clear conversations and compromise are often the best way to ease the financial stress many newlyweds face. Many of our clients are newlyweds and first time home buyers. We can provide you with the information and support necessary to make life after the honeymoon stress free! Call us today 781-729-6200.
Posted by Laurie Randazzo on Tue, Aug 26, 2008 @ 10:00 PM
Common
home buying mistakes to avoid costly regrets.
1. Doing it alone.
Buying a house is a complex transaction. Enlist a buyer's agent who will come to the
table with a dependable team: lender, lawyer, inspector, and insurer. Enlist a
REALTOR to help early in the buying process.
2. Not getting
pre-qualified and pre-approved. Being pre-qualified gives you a
general idea of how much you can afford to borrow. Being pre-approved means a
lender has verified your information and credit rating. You are in a better
position knowing exactly how much you can afford before you start house
hunting.
3. Buying at first
sight. Make a list of your needs and wants and make sure the
house fits your requirements. Check out the neighborhood and the community
before you buy by visiting at different times of the day and week to learn
about noise and traffic patterns. Research the local schools to make sure your
resale value will be good.
For more information on how to have a successful buying experience or to take a
real estate tour of Winchester MA properties, call Laurie Randazzo or Bill
(Real Estate) Caci direct at 781-729-6200