First Steps

6 Home Buying Tips for Couples


6 Home-Buying Tips For Newlyweds/Couples

6 Home-Buying Tips For Couples

Buying a home is a dream for most couples. But realistically, it can put a bit of stress on any relationship. Here are some tips to help simplify your home-buying journey — and maybe even enjoy it!

1. Discuss Your Budget

  • Determine your actual buying power: how your financial situation looks, including income, debt and credit history.
  • Map out your budget, and let it determine the type of house you can afford.

2. Discuss Your Must-Haves

  • Talk openly about your expectations for your new home.
  • Create a “wish list” of your top home features and amenities.

3. Get Prequalified for a Loan

  • If you don’t have cash on hand to buy, your best option is to get a mortgage.
  • Get pre-qualified for a housing loan that fits within your budget.


Median Home Price of First-Time Home Buyers (2018) 1

Married Couple: $229,000

Single Male: $188,400

Unmarried couple: $187,000

Other: $169,000

Single Female: $153,900

4. Choose Your Community

  • Choose a location for your home.
  • Pick a neighborhood you’ll want to stay in for years.

5. Conduct an Inspection

  • Before buying a home, hire a qualified home inspector to evaluate your potential new home.
  • A home inspector can let you know if there are problems and help you make sensible decisions when putting in an offer.

6. Work with a Real Estate Agent

  • Find a qualified real estate professional who can help you streamline the home search and home-buying process.
  • A real estate agent can provide practical advice and help with the overall home buying process.


Who Are Today’s First-time Home Buyers?1

Married Couples: 54%

Single Female: 18%

Unmarried Couples: 16%

Single Males: 10%

Other: 2%

Buying your first home as a couple is an exciting step on your journey. Take your time and make sure to prepare yourselves — and enjoy planning your new life with your love!



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