After paying the agreed amount as a down payment, paying up the bi-weekly or monthly payments might be a challenge one must be strategic about.
Erb said, “When you get married, the laws of your state generally determine how your assets are treated- and ultimately how they’re distributed at divorce. The same rules don’t necessarily apply when you’re not married. That means you need to think long term. When you buy a house with your significant other who is not your spouse, make sure you have an exit plan if things don’t go the way you hope.
“Building codes change over the years, and it would be good to have a basic understanding of some of the more impactful differences when looking at homes built under a different set of rules. Your realtor might have this knowledge or would know where to find the answers. If you’re looking for a certain vintage and style, you might already be aware of how homes were constructed at that time.
Russell also stated that the location of the home within the neighbourhood was important to many people. She said, “Some people prefer a lot near the main entry, while others like to be away from traffic and further into the development.
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