They also need to save money to cover the down payment and closing costs of buying. Because building or renovating can be time consuming and expensive, Graham encouraged couples to think hard before deciding to undertake such a project. Renovating can take up a huge amount of time. This time might be better spent adjusting to the changes brought on by marriage. Graham said couples who rent should start thinking about permanent housing as soon as they can.
Permanent housing tends to have more stable costs, while rental costs can fluctuate.
Graham noted several factors couples should consider when looking for a home. The specialist said to look for a home in a safe area and to choose a location that has desirable access to work, school, shopping and other services. Survey the dwelling for possible fire hazards and be sure operable smoke detectors are in place. Also check the home's security measures such as dead bolt locks on doors and adequate locks on windows. Graham said housing costs consume about 25 percent or more of a family's income.