Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

The Perils of Unwed Partners Buying Property

Every couple in love has problems visualizing a time that they won't "be together" and discussing "what if" scenarios is not something they're keen on doing. But, if they're thinking of buying a home together, Ed Silva does a great job pointing out some of the possible pitfalls.  Unwed partners might do well to remember "an ounce of prevention is worth a pound of cure" and to look before they leap.
The Perils of Unwed Partners Buying Property
So many people have the desire to own property as a way to establish permanency and build a comfortable home with limited outside interference. With a more traditional married couple it is somewhat easy, depending on the state of their finances. For less traditional, non-married couples there may be issues with the purchase because of credit but that’s where the easy part is resolved.
Not all relationships remain harmonious and if there is a separation of the couple, the property held jointly can be a real problem to liquidate. I have recently had two instances where the sale of a home, with a non-traditional couple required extensive legal proceedings before the home was ready to be listed.

Un-wed Younger Couple:  Love ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention