Re: Should newlyweds buy a house

---

Posted by Autumn08

---

Posted by Espo22

---

Posted by Autumn08

Thanks for the article.

I don't want to buy right away for many of the reason listed. Everyone tells me to buy right away because it's a buyers market but renting and owning both have pros and cons. I think the biggest thing is that we don't have money right now!

---

yeah alot of people are saying its a buyers market right now but that doesn't mean you put money you don't have into something at the moment.

---

Right and they on and on about how you should do it because the prices will just go up in a few years... but I still don't have the money to buy now!

---

I know, you can't put yourself in financial debt just because the prices MIGHT go up when you are ready to buy

Re: Should newlyweds buy a house

When FH asked my dad for my 'hand in marriage' he promised that we would move right in to a house. My dad just laughed bc he SO doesn't care about that.

We are going to wait a couple of years. It is so great when people do it but ONLY when they actually CAN!

I know a couple that already has T H R E E mortgages on their house and they have not been married two years yet! They have to ask their parents for mortgage payments! And all because basically they said that 'i could never rent, or live in a co-op that is *not the life i am accustomed to*' well, one of them said that and the other one went along with it.

So sad

Re: Should newlyweds buy a house

---

Posted by ant n tilde

When FH asked my dad for my 'hand in marriage' he promised that we would move right in to a house. My dad just laughed bc he SO doesn't care about that.

We are going to wait a couple of years. It is so great when people do it but ONLY when they actually CAN!

I know a couple that already has T H R E E mortgages on their house and they have not been married two years yet! They have to ask their parents for mortgage payments! And all because basically they said that 'i could never rent, or live in a co-op that is *not the life i am accustomed to*' well, one of them said that and the other one went along with it.

So sad

---

yeah i agree, some do it just to do it...but unless you have a big down payment to put down and have really calculated how much you can afford then you shouldn't, others are able to and thats great but alot of people make big mistakes when it comes to this.

Re: Should newlyweds buy a house

thanks for posting, that is really something to take into consideration. i have been thinking about holding off more and more lately, for those reasons.

Re: Should newlyweds buy a house

---

Posted by misskitty08

thanks for posting, that is really something to take into consideration. i have been thinking about holding off more and more lately, for those reasons.

---

yeah its definitely a big decision and one that has to be given alot of consideration

Re: Should newlyweds buy a house

Interesting Article, but it doesnt really apply to FH and I, we already rented for 2 years, knew where we wanted to live, took us 3 weeks to find a house, and 5 weeks to close on it.

FH and me do not have any student loans, no debt, and we had very large down payment.

I guess it depends on how much money you make, most people out there are just starting jobs and just looking for jobs, FH has had his business since he is 13, lol (he is not the norm)

Re: Should newlyweds buy a house

This is a great article!

We had this debate too, but decided to hold off. Both sets of parents also recommended to do the same. It's a big adjustment getting married and they wanted us to settle in a little and save and not be saddled with homeowning expenses right off the bat.

Re: Should newlyweds buy a house

---

Posted by TheFutureMrsM

Interesting Article, but it doesnt really apply to FH and I, we already rented for 2 years, knew where we wanted to live, took us 3 weeks to find a house, and 5 weeks to close on it.

FH and me do not have any student loans, no debt, and we had very large down payment.

I guess it depends on how much money you make, most people out there are just starting jobs and just looking for jobs, FH has had his business since he is 13, lol (he is not the norm)

---

well anything in life is going to be based on an individual bases, you can't apply the same theory to everyone so yes it really depends.

It depends on how much money you make but theres other things to factor in at the same time. For one, money or no money its alot to do at once. I own an apartment and it was a pain to constantly go to appointments, sign papers, go to the city to my mortgage broker, then run to the lawyers, with the wedding that is more than enough on my plate. It was a 3 month process and personally this is just for me, i wouldn't want to go through that at this time.

ANd again to show how its not just about money, we don't know where FH will have to work at the end of the year, we dont want to assume LI and then move out to massapequa and then he ends up staying in the city and its gonna be a big commute for both of us and a big pain.

Re: Should newlyweds buy a house

---

Posted by Espo22

---

Posted by TheFutureMrsM

Interesting Article, but it doesnt really apply to FH and I, we already rented for 2 years, knew where we wanted to live, took us 3 weeks to find a house, and 5 weeks to close on it.

FH and me do not have any student loans, no debt, and we had very large down payment.

I guess it depends on how much money you make, most people out there are just starting jobs and just looking for jobs, FH has had his business since he is 13, lol (he is not the norm)

---

well anything in life is going to be based on an individual bases, you can't apply the same theory to everyone so yes it really depends.

It depends on how much money you make but theres other things to factor in at the same time. For one, money or no money its alot to do at once. I own an apartment and it was a pain to constantly go to appointments, sign papers, go to the city to my mortgage broker, then run to the lawyers, with the wedding that is more than enough on my plate. It was a 3 month process and personally this is just for me, i wouldn't want to go through that at this time.

ANd again to show how its not just about money, we don't know where FH will have to work at the end of the year, we dont want to assume LI and then move out to massapequa and then he ends up staying in the city and its gonna be a big commute for both of us and a big pain.

---

Very true its not just about money, like you said job placement and where you or your FH will work will make ur decision.

FH knew where his office was for the past 6 years so he knew where he wanted to live.


The Home buying process for us, was easy, we lucked out. We were coming from a place where our lease was up, and the house we wanted well the lady who lived there already moved to florida. So we didnt have to wait for them to purchase or move, wich cut alot of time off the closing.

We also bought the house before we got into wedding planning, about almost 6 months before.

Re: Should newlyweds buy a house

---

Posted by TheFutureMrsM

---

Posted by Espo22

---

Posted by TheFutureMrsM

Interesting Article, but it doesnt really apply to FH and I, we already rented for 2 years, knew where we wanted to live, took us 3 weeks to find a house, and 5 weeks to close on it.

FH and me do not have any student loans, no debt, and we had very large down payment.

I guess it depends on how much money you make, most people out there are just starting jobs and just looking for jobs, FH has had his business since he is 13, lol (he is not the norm)

---

well anything in life is going to be based on an individual bases, you can't apply the same theory to everyone so yes it really depends.

It depends on how much money you make but theres other things to factor in at the same time. For one, money or no money its alot to do at once. I own an apartment and it was a pain to constantly go to appointments, sign papers, go to the city to my mortgage broker, then run to the lawyers, with the wedding that is more than enough on my plate. It was a 3 month process and personally this is just for me, i wouldn't want to go through that at this time.

ANd again to show how its not just about money, we don't know where FH will have to work at the end of the year, we dont want to assume LI and then move out to massapequa and then he ends up staying in the city and its gonna be a big commute for both of us and a big pain.

---

Very true its not just about money, like you said job placement and where you or your FH will work will make ur decision.

FH knew where his office was for the past 6 years so he knew where he wanted to live.


The Home buying process for us, was easy, we lucked out. We were coming from a place where our lease was up, and the house we wanted well the lady who lived there already moved to florida. So we didnt have to wait for them to purchase or move, wich cut alot of time off the closing.

We also bought the house before we got into wedding planning, about almost 6 months before.

---

We didn't have to wait for them to move either, they also moved to florida. But regardless theres alot of things that go into...The apartment was all in my name so i had to do it all by myself...They ask for TONS of paperwork, your bank statements, paychecks, W2 forms and a bunch of other things. And of course the girl working for my broker kept forgetting to tell me to bring in things so had to go back. Also, i didnt get pre-approved from ahead of time so had to wait for that. BUt also i was receiving a $25,000 gift so you have to get paperwork for this and do a whole process just for that. Regardless of people moved or not theres ALOT of papers to sign throughout the process. After that it was basically just waiting for an appointment for our closing, they scheduled it a month or even a little more ahead of time. I am sure your FH probably had to do most of this and was the one who had to deal with this more.

It took just under 3 months

Re: Should newlyweds buy a house

I am one of those who is both a new homeowner with my FH as well as being newly engaged. I'm paying for school as well as paying off loans. To boot, neither one of our family members are helping with the wedding. So, wedding and house stuff is all on our own plates. However, I grew up in an apartment with 5 people for 18 years...I'd never go back so we knew it was a house or nothing. For us, we chose a location that was convinient for both of us to get to work...I am on the Island and he is in Manhattan. Of course, his commute is longer but that's OK with him. Gladly we went to college to assure good jobs....or else we'd be going nuts!!!!

Re: Should newlyweds buy a house

there is nothing wrong with buying a house at the same time as planning a wedding. The article just states that some people should give this alot of consideration first and to look at it from different aspects. If you have done all of this, made all the calculations to make sure you will have more than enough for the wedding, closing fees, mortgages, monthly bills, loans and so on and are comfortable with your decision then its something you should do.

THe article just states that some people just jump into buying a house without doing any of the above mentioned and then end up screwing themselves.

I still own an apartment and moved in 2-3 years ago so for me its not really something i have been in a hurry to do. I don't even know what will happen with my apartment so gotta figure that out first lol. If it will be sold, or who will take it and stay there.

I also dont want to move to LI yet

Re: Should newlyweds buy a house

Thanks for posting Denise! FH and I aren't ready to buy a house right after we're married. We want to wait a little bit so we can save and have enough money.

Re: Should newlyweds buy a house

FH and I are sooooo ready to buy a home, we've rented for 2 and a half years and we're just ready to own our own home... it won't happen until after the wedding, but after reading that article it assured me that we're on the right track.

Re: Should newlyweds buy a house

---

Posted by megzzie

Thanks for posting Denise! FH and I aren't ready to buy a house right after we're married. We want to wait a little bit so we can save and have enough money.

---

Yeah you should do whatever you are comfortable with dont feel pressured

Re: Should newlyweds buy a house

---

Posted by AMGBride2008

FH and I are sooooo ready to buy a home, we've rented for 2 and a half years and we're just ready to own our own home... it won't happen until after the wedding, but after reading that article it assured me that we're on the right track.

---

Yeah your day will come and you and your FH will eventually get there.

Re: Should newlyweds buy a house

Thanks!! Good artical!

Re: Should newlyweds buy a house

We were actually considering buying before the wedding. Unfortunately our lease ends next June which means we need to know by April what we are doing.

I'm soooooo sick of apartment life and rude, loud neighbors. UGH. Our walls are way too thin.

Re: Should newlyweds buy a house

Defintely don't feel pressured to buy a house....you want to make the best decision to get one. It was the best decision for us when we chose to buy one, even though we aren't moving in for another 5-8 months, we are happy to know we have it of course. But the time is right for different people at different times...your dream home will come along just like your FH did :)