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Buying A Home: Newlywed Edition

While many couples buy a home before getting married, it’s still common for the home buying process to take place after the big day. Either way, there are several things you can do before beginning to make the process go more smoothly.

Start by ensuring you both have a decent credit score. Improving your credit isn’t overly difficult to do, but it can take several months so tackle this task as soon as possible.

Next up, start paying off any outstanding debt. If your debt load is high compared to your income it can be tricky to get approved for a mortgage.

One other thing you should definitely be doing is speaking openly about your current finances and financial goals. Draw up a budget and remember to include everything that comes with home ownership, such as property taxes, utility bills, regular maintenance costs and an emergency fund for those “just in case” situations. Buying your first home together should be more exciting than it is stressful.

Being prepared is the best way to ensure that will happen.

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Need More Interior Space? Consider A Sunroom Addition

If you’re thinking of adding onto your home, consider a sunroom rather than a full addition. The difference is that full additions usually extend the foundation of the original home, while sunrooms usually sit on a floating slab and thus considerably reduce the cost.

Of course, like with any renovation, a sunroom’s cost can skyrocket, but if you want to keep the price low, consider a prefabricated kit. Kits vary but usually come with premade wall and roof panels along with the windows. A qualified technician then sets up the pieces, but if you have some building knowledge you may be able to assemble it yourself.

Just be aware of a few common misconceptions before deciding which way to go. For example, sunrooms do require building permits – even small ones. Also, don’t assume a prefab sunroom will be cheaper than a traditionally built one as several factors play into the cost. The best thing to do is reach out to a few local contractors and ask if they have experience building sunrooms to get a feel for pricing.

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