10/26/2026
π‘ The uncomfortable conversations need to happen BEFORE the keys are handed over. π
Buying a home with a partner, friend, or sibling can be an exciting step, but there are some important questions to answer first. π
π° Who owns what percentage?
π΅ What happens if one person contributes more toward the down payment?
π¨ Who covers a major repair?
π Can either owner move someone else into the home?
π€ What happens if one person loses their job, gets married, wants to move, or needs their money back?
A mortgage explains what both borrowers owe the lender. It does NOT create a complete plan for how the owners will handle each other.
βοΈ A qualified attorney can help prepare a written agreement covering ownership percentages, monthly expenses, missed payments, improvements, buyouts, disputes, and the process for selling the property.
Each buyer should also understand how the title will be held and what that means in their state.
β€οΈ The best time to decide how the arrangement ends is while everyone is excited and getting along.
π€ Thinking about buying with a partner, friend, or sibling?
π² DM me TOGETHER before you start touring homes. I'll help you build a team that includes the right lender, title professional, and attorney before anyone combines their savings.
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