Jun 18, 2019
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Purchasing a home is a big emotional and financial decision for couples, LGBTQ or otherwise. How do you know if you and your partner are ready? And what steps can you take to save tens of thousands (or maybe even hundreds of thousands!) of dollars over time?
On today’s episode of Queer Money, we’re sharing 5 tips for buying a home as a couple. We start by explaining how your credit scores impact the interest rate on your home loan and offering insight on how to improve your scores if necessary. We provide a list of questions to help you decide on your must-haves and set parameters to stay within your price range.
We go on to discuss the value in reviewing your budget, addressing how to factor in the additional expenses associated with homeownership. Listen in for advice on getting an estimate from a lender, handling legal matters up front, and saving for a down payment—to save A LOT of money in the long run!