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Is Co-Buying a Home Right For You?

Windemere Buying

Tenancy in Common (TIC) When co-buyers hold a title as tenants in common, shares of the property can be divided equally or unequally. With Tenancy in Common, a co-owner may sell their shares of the property at any time, without the need for approval from other co-owners.

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4 Crucial Questions To Ask Your Partner Before Buying a House Together

Realtor.com

You and your partner may also be able to qualify for one of the more than 2,500 down payment assistance programs offered by state and local housing finance agencies, according to a recent estimate by DownPaymentResource.com and Freddie Mac. PMI ranges from about 0.3% to 1.15% of your home loan. We’re not talking chump change!

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Your Guide to Selling a House with Multiple Owners

HomeLight

Here are a few of the most common types of home co-ownership scenarios , along with how each situation could affect your sale: Tenancy in Common. A tenancy in common is one situation where multiple people can own the same home. You also don’t have to be married to enter into tenancy in common.