Ⓡ Research Group, homeowners have an average net worth of $300,000, which is 37 ½ times the net worth of renters at $8,000. Buying a house could be a smart investment or a risky one, depending on where you buy, your financial situation and the timing of your purchase. If you’re going to buy a house, hopefully you’re thinking that you’re going to live there for 10 years. Make sure it has enough bedrooms if you plan on growing your family. If it’s not going to support or achieve all your goals over the next ten years, it’s better to continue looking to find something better. If you use the inspection results to negotiate down the price of your purchase, then include the portion of the inspection report that notes the deficiency to prove that it exists.
However, the couple can sign a prenuptial, postnuptial, or post-marital agreement to maintain …