The Close

DECEMBER 18, 2024

out of 5 Pricing & Structure: Cost: $39.99 ($1,800 value) Duration: 30 hours and lifetime access Format: On-demand video Requirements: Computer and internet access What Youll Learn Discover the fix-and-flip process , covering sourcing, funding, fix-and-flip analysis, renovation, and sales. Tell us more in the comments below!

Commercial

Redfin

JULY 1, 2025

But with some planning, honest conversations, and the right paperwork, you can avoid the drama and close the deal smoothly. Tenancy by the entirety: Reserved for married couples. Divorce typically converts it to a tenancy in common. Any unpaid balance will come out of the sale proceeds before anyone sees a dime.

Sales

Redfin

JUNE 10, 2025

Cons One person’s credit impacts everyone : Whether it’s one close friend or three college roommates, just one bad credit score can negatively affect the whole group’s rates, no matter how high your own score might be. Disagreements on details, financial troubles, and even differing lifestyles can throw a wrench in any friendship.

Purchase and sale agreement

Redfin

JULY 17, 2025

Savings: Decide how much each of you can contribute from your savings towards the down payment, closing costs, and moving expenses. Joint tenancy with rights of survivorship : Both partners co-own the home equally. Tenancy in common : Each partner owns a defined percentage of the property, which can be equal or different.

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. You may be able to compel a sale. Next, you’ll need to see if your ownership with your partner is tenancy in common (TIC) or joint tenancy.

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. Joint Tenancy.

Tenancy in common

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