For those who have been there, done that, you’ll know the decision to buy as a couple is as much about emotions as it is about finances.
So how can you set yourself up to enjoy the ride?
Get some advice from your accountant or financial planner before you buy. Is it a home to live in, or an investment? If it’s an investment consider putting the property in the name of the person with the higher income. You’ll be glad you did this at tax time.
Do you know your partner’s financial situation? Better have the ‘finance chat’ before you sign the mortgage. Make sure you’re both on the same page in terms of credit history, budgeting and ultimately how much you can afford to spend.
And while we all love it when things go to plan, what happens if paradise turns to splitsville? As our CEO Justin Watt explains in this video, we’ve helped a lot of couples through separation.
Getting an agent you can trust to make the sale process as painless as possible is important, especially if your own home life feels more like a train-crash MAFS episode.
You’ll find there’s a lot of support available now, including banks like Westpac who are doing an ad blitz on their guide for separation.
The important thing is that if you need help to get through a tough time, ask for it. You won’t be the first couple to seek help from your real estate agent or your bank during a separation, and experienced professionals will make it as simple as possible for you.
Looking for a love nest? View our current listings for sale or check our listings for rent.
Things no so peachy? Contact us for a chat.
