Buying a house is one of the most important investment you will make in your lifetime. It is a lot of fun as well as a very big responsibility at the same time. So, you will need to balance your enthusiasm with mindfulness. The best way to do that is, look for a house with your better half. Better to have two brains and hearts working together for finding something which will be yours.
Here are few tips for finding the perfect home with your spouse:
- BE CLEAR WITH YOUR WANTS AND NEEDS
It is difficult to be sure of about your home. You are always making changes in your head about how would you want your home to look and feel like. But before you start looking for houses, you must be clear with some amount of research done. You and your spouse must make a list of both of yours want and need and finalize them accordingly. This will fasten the entire process for you.
- CHECK YOUR CREDIT SCORE
If you are planning to take a home loan, then you must check your credit score before anything else. Credit score is given on the basis of your income and your previous loans against it. You get a rating between 300-900 in your credit score and to be eligible for home loan your score needs to be more than 750 points. Anything less than 750 will be rejected as soon as the bank will see your score.
So, check both of your credit score and if you are falling short then be sure of making a few changes in your spending habits and improving your credit score to get the loan.
- JOINT HOME LOAN POLICIES
If both, you and your spouse are working and are planning to get a joint home loan then look for properties which have association with banks that allow less interest rates. You need to have all the documents in place before applying for the loan. The best advantage of taking a joint home loan is that you both can file for returns individually and get maximum tax benefit on your investment.
Is your next home going to be in a gated community or not? If yes, then most of the amenities you want in your house, would be available within the premise of the community such as gym, swimming pool, spa, park, yoga center, playing court/ground etc. among other things. If not, then are the facilities you are looking for available nearby? You need to check all these small things before making the final decision.
Your neighborhood will define your stay in your new house. What all activities you both would like to do (together and independently)? Who will be your next-door friends after buying the place? Would you be welcoming people from your society at times or not?
All these questions need to be answered before you make the final decision. Both of you need to have complete clarity on these things. As they will affect your lifestyle in a very big way and for a very long time.
You can never be sure about everything before buying a house, but you can try to tick off as many items as you can while trying to look for a perfect home for yourself. Both of your efforts will prove worthwhile once you do due-diligence from your side and leave other things to fate. Buying a home was never an easy task and with so many options available these days, you need to take your time before making the final decision. Hiranandani Communities provides a perfect integrated township experience. Be sure of checking their properties out. You might final a house then and there.