Trending: Homebuying before ‘I Do’

Millennial couples are indeed changing the way things are done, and according to a recent poll by Coldwell Banker Real Estate, buying a home doesn’t necessarily come after marriage these days. In fact, according to the study, 1 in 4 couples from ages 18-34 dive right in and buy a home together prior to taking their nuptials.

It’s not surprising that many young couples making the choice to buy early consider a home “the new engagement ring,” and in some aspects, the wedding. The poll also confirms that 80% of married couples feel as though buying a home together made their relationship bond stronger than ever. The pragmatism of today’s young couples is a strong reflection of shifting attitudes where living together before marriage is practically a socially accepted norm.

Legal and real estate experts offer a tip: Do work up a contract with your partner outlining equal ownership of the home prior to purchasing – just in case things don’t work out.

Contact Avis Lending today, and we’ll help you get the money you need to buy your dream home. We’re licensed in several states, and have the necessary experience to simplify the loan and mortgage process.

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