Buying a Boston condo as newlyweds tips and thoughts for you to consider
You’ve probably heard that buying a Boston condo for sale can as stressful than losing a job. The emotions you feel can be easily be overwhelming form excitement to stress, and if you are in a recent marriage, well do I need to say more.
Here are some tips for those that are newly married or are planning to be married and buying their first Boston Beacon Hill condo.
Make sure you choose the right neighborhood for your budget.
I’m not suggesting you must buy the least expensive Boston condo for sale in the best neighborhood, but it might be a good start. Chances are this is not your forever home and it’s a good starting point to build equity for your next luxury condo. With that said, finding the right neighborhood not only helps you out in the short-term but for resale value as well. Also be aware of the cost.of owning a Boston downtown condo it’s not just the mortgage but also condo fees and other expenses.
Consider your daily routine
Remember this, try to find a neighborhood that appeals to you and consider things like your commute. Do you have a pet? You should also consider your daily routines such as the distance you need to walk to have your cup coffee to start off your day.
Unless you are blending families with multiple children, it’s probably just the two of you to start. Find something that works for your size. Are you planning on being in a home just for a few years before kids than perhaps a smaller Boston Seaport condo for sale might be ideal. Perhaps you’re planning on having children while in the home, you might want to consider a property with more bedrooms and more space. However, buying a Boston condo for sale with five or six bedrooms when it’s just the two of you, maybe a bit overwhelming.
Don’t buy more than you can afford.
This one is the biggest mistake I’ve seen as a Boston downtown real estate broker. You’ve been renting up until now, remember, you are now solely responsible for the maintenance and upkeep of your new condo.Live on a budget, you may need additional funds for repairs. keep in mind, if you’re a dual income couple its possible that one of you could lose your job. Will you be able to afford your mortgage?
Buying a Boston condo for sale for the first time is exciting and I want you to have fun. Finding a buyers agent that works solely for you, helping you to find the right property is really the best place to start. Please contact me, and lets start this Boston home buying journey together. I can be reached on my cell/test at 617-595-3712 24/7.