Tuesday, May 8, 2018

Home-Buying Tips for Engaged Couples in Lexington MA

Wedding season is in high gear in Lexington MA! Many engaged couples have weddings and homeownership on the mind. If you are one of these couples, allow me to offer you some tips as your Lexington real estate agent!

The average cost of a wedding is over $33,000 and the average cost of a down payment is $18,000, or $10,512 with FHA loans, according to RISMedia. Here are some tips if wanting to have a wedding and buy a house:

1.  Prioritize. Decide which is most important to you. If it’s the house, consider throwing a small wedding, or have an elopement now and a party later in your own backyard!
2.  Budget. Sit down and set realistic budgets for both the wedding and home purchase, dependent on your income and expenses.
3.  Save and set date. Determine how much you can set aside each month and open separate savings accounts. Decide how long it will take to have enough saved and plan your timeline around that.

If you have questions, or would like help buying a home in the Lexington real estate market, I am here for you! Contact me!

Theresa D'Antuono

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