How Risky Is Co-Buying a Home?
Living with, let alone buying a home with, an unmarried partner or friend was nearly unheard of a generation ago. But now, co-buying is not only starting to be normalized. The number of co-buyers with different last names has grown by 771% since 2014, demonstrating that this unconventional way of buying a property is becoming more mainstream.
Buying a home with a friend or partner can make a lot of sense in many situations, but it also comes with special considerations that need to be taken into account before signing on the dotted line. Understanding the benefits and risks beforehand can help ensure the deal doesn't go south.
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Source Fool.com
