Redfin

JUNE 10, 2025

Clear communication, careful planning, and written legal agreements are crucial to avoid financial issues and relationship strain. In fact, it’s an increasingly common choice as housing costs rise and affordability becomes a bigger challenge for many people. Can you buy a house with a friend? Absolutely!

Purchase and sale agreement

Redfin

JULY 17, 2025

But buying a home as an unmarried couple comes with unique considerations that married buyers don’t always face, from deciding how to structure your mortgage to outlining what happens if you break up. Understand the legalities 5. Have a plan for worst case scenario 6. Set expectations for the future 7. Hire a real estate attorney 8.

Purchase and sale agreement

HomeLight

AUGUST 11, 2022

If you own the home with your spouse or partner, the process is relatively straightforward when both parties are available to sign all of the documents involved in the sale process. In general, selling a marital home requires the agreement and cooperation of both spouses. But what if the other owner isn’t available or cooperative?

Purchase and sale agreement

HomeLight

APRIL 29, 2022

And if everyone involved isn’t aligned from the start, you can end up disagreeing on important details when it comes time to sell — potentially wrecking the sale and wasting all of the owners’ valuable time. Fortunately, there are ways to set up a smooth sale on a co-owned property. Use a Top Agent to Help Sell Your Co-owned House.

Tenancy in common

Realtor.com

FEBRUARY 11, 2021

courtneyk / Getty Images If you’re hoping to buy a house with your significant other, it can be easy to get caught up in the fun stuff, like deciding the style of home you’d love (Victorian, midcentury modern, Cape Cod?) and finding the perfect neighborhood (downtown or middle of the woods?). How much debt do you have?

Debt-to-income ratio

Windemere Buying

NOVEMBER 21, 2022

The following homeownership agreements provide alternatives to a traditional home purchase. Rent-Back Agreement. A rent-back agreement (also known as a sale lease-back) is tailor-made for homeowners who are buying a home while selling their current one. Tenancy In Common. Homeownership Terms to Know.

Rent back

Realty Biz

JANUARY 7, 2022

If so, you need to understand the two main ways that people buy property together: joint tenancy and tenancy in common (TIC). For example, joint tenancy is usually used by married couples or cohabiting partners who both want an equal share in the property and want to be able to inherit the other tenant’s share if he or she dies.

Tenancy in common