Today, mortgage guidelines get tight. This video below launched two years ago by real estate expert Barbara Corcoran, still give you good advices for co-purchasing partners.
The practice is not new, like any business relationship, it’s important to develop a plan, first. Bringing more attention to “joint homeowners” and share a home with another or others..
- Take the attorney to draft contracts and interpret modern legal documents.
- Have a plan for when one or both parties wants to move or sell
- Consider life insurance policies on each other
