Here is some useful advice to share with your clients when confronted with this question:
If they're not married or don't have a formal business agreement, then it's not a very good idea to buy a house together. For every one success story there seem to be a dozen disasters. It's not worth the headache or heartache that can result from this.
So if they've been living together for less than a year, or just recently engaged and someone says to them "hey, why don't you buy a house together now and be ahead of the game?" Tell them to run!
Of course some couples will argue "But we are different, we're in love, we're never going to break up...well naturally, how many couples get together thinking they ARE going to break up?...none. Then down the road a spell...BAM! They didn't know each other as well as they thought. Enter, headache and heartache.
There is no rush and no reason to put themselves into such a situation. It's never good to advise a couple or even friends to buy a house together unless they are either married or have a formal business agreement with a good exit strategy.
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