(Closed) Wedding AND Buying a House??

posted 7 years ago in Home
  • poll: Buy the House?
    Buy! : (82 votes)
    85 %
    Keep renting until after the wedding : (13 votes)
    14 %
    Inevitable Other! : (1 votes)
    1 %
  • Post # 3
    Member
    3624 posts
    Sugar bee
    • Wedding: September 2012

    We’re in the same position! I say buy if you can. The only reason we’re maybe not buying is because we don’t know when we’ll have kids, want to move to another town, etc.

    Post # 4
    Member
    149 posts
    Blushing bee
    • Wedding: August 2012

    We’re going to be in the process of closing on our house during the month of our wedding. I say if you guys are ready in every other way but timing- go for it. Things may get a little hectic, but it’s worth it IMO.

    Post # 5
    Member
    3618 posts
    Sugar bee
    • Wedding: November 2011

    A house is a great investment, if you can afford both now then I say go for it.

    We bought our house way before even being engaged so we didn’t have to deal with wedding + moving which I am happy about since so much work was required for both. I would just try to avoid buying a house in the last few months before the wedding so you don’t have overlapping DIY projects going on.

    Post # 6
    Member
    1642 posts
    Bumble bee
    • Wedding: October 2012

    In the same boat as you. Fiance and I are in the process of buying a house right now and I feel SO GUILTY because we are spending money that we offered to my parents for the wedding as part of our downpayment. The day we signed the offer, I cried and cried because I felt so awful and guilty.

    But your situation sounds a lot better than mine, so I say go for it! Especially since you’re not getting married for another year, I say the sooner you get it over with, the better. That way, it’s not hanging over your head when it’s crunch time. If you are able to buy a house, absolutely go for it. It’s like putting money in the bank (in comparison to renting).

    Post # 7
    Hostess
    23597 posts
    Honey Beekeeper
    • Wedding: September 2011

    We did this last year when we were planning our wedding. I’ll tell you, we were EXHAUSTED from both things, but we worked out a system – he was in charge of all things house, and I was in charge of all things wedding.  It worked out okay!  It was definitely nice to have a house to come home to after the wedding, though! 🙂  I say, go for it!

    Post # 8
    Member
    5475 posts
    Bee Keeper
    • Wedding: August 2012

    I didn’t vote (sorry!) because I think it depends on your situation.  I actually bought a home on my own while we were engaged, but for us- since we were having a 2 year engagement- it didn’t seem like it was too much.  We’ve been in our house for over a year, and still have about 6 months to go until the wedding 🙂 

    In your geographical area, houses are CRAZY expensive, so a big part of me thinks that if you’re in a position to buy now, you better take advantage!  Are you still a year out from your wedding?  I think that is plenty of time to get settled into the house & make sure insurance/taxes/utilities are manageable before the wedding.

    Oh, and the biggest thing I can suggest having gone through the homebuying process recently- get preapproved before you step foot into a home.  It is the one and only thing that got us our house over the people we were bidding against.  We had our preapproval letter and our offer was accepted because the other party was waiting on their approval to come through.

    Post # 9
    Member
    14657 posts
    Honey Beekeeper
    • Wedding: June 2011

    If you can afford both go for it.  I dont think the “stress factor” is very high.  The biggest sort of stress imo, the money, is apparently not there, so the rest is easy.  We did the house hunt, planned the wedding, took 2 night classes for our masters and worked our full time day job…. no problems, it just kept us busy and on our toes!

    Post # 10
    Member
    799 posts
    Busy bee
    • Wedding: June 2011

    We bought, closed on the house and were married 10 months later. We got into bigger, owned space then we were paying for a rented apartment, it just made so much sense to us! I don’t even think we had ever talked about an engagement prior to purchasing the house, just knew it would happen eventually and the house seemed like the best choice for us first.

    Post # 11
    Member
    4824 posts
    Honey bee

    IT doesnt say you identified the house yet, so I say you keep your eyes open and if you find the right one you look at the timing of the closing and make sure it doesnt prevent a honeymoon and makes ure if it needs renovations you can do them after the wedding etc then you make the decision to buy.

     

    Post # 12
    Member
    753 posts
    Busy bee
    • Wedding: October 2010

    We did it! It was stressful at times trying to juggle both things, but so worth it! If I had to do it all over again, I still wouldn’t wait.

    Post # 13
    Member
    8882 posts
    Buzzing Beekeeper

    My Fiance and I bought a house in December while we started planning our wedding. It was a busy time but SO worth it!

    Post # 15
    Member
    1014 posts
    Bumble bee
    • Wedding: May 2011

    @abbie017:  Talk to the bank, get preapproved, and start looking. Because you’re still a year + out from your wedding, you could very well find and purchase your new place way before the wedding. And if it’s too stressful, you could always take a break from the house hunt. If your mortgage would really be cheaper than rent, which is crazy to me if townhouses are 900k, then you’d be silly to wait on buying. There’s always a risk involved, but that won’t change no matter when you buy!

    Post # 16
    Member
    7311 posts
    Busy Beekeeper
    • Wedding: October 2011 - Bed & Breakfast

    You have plenty of time to house hunt, purchase, and move before your wedding. As long as you can afford the down payment, closing costs, and wedding with at least 6 months of regular living expenses left over at the end, go for it. Interest rates are great right now. We’re looking at 3.8% with no points! There is a very good chance that once they go up, we will never see rates this low again. Might as well get while the gettin’ is good!

    The topic ‘Wedding AND Buying a House??’ is closed to new replies.

    Find Amazing Vendors