- February 2019 -

The Perfect Pairing

At some point in a relationship, couples find themselves having that all-important heart-to-heart conversation about what they envision for their future together. If that future includes a view as to what your perfect love nest would look like, now's the time to be honest about what each of your ideas, and ideals, are for your shared home.


Put a pot of coffee on, pull up a chair, and get the discussion started.

  • You might as well start with the tough stuff, and that means laying out your financial status, warts and all. This is the time for each of you to disclose your income, savings and credit score, and come clean on all your debts and financial obligations. You'll also have to discuss how you intend to approach the purchase of the home and the costs to run it, whether that's splitting all financial obligations down the middle or making some other arrangement.

  • Here's another potentially tough discussion — deciding whose name will go on the deed. "Sole ownership" means just one person is shown as the legal owner of the property, "Joint Tenancy (with Right of Survivorship)" means that each of the two owners have a 50 percent stake in the property, and should one owner die, the other inherits sole ownership, and "Tenants in Common" means that each owner can own a different percentage of the home, and specify who they would like to leave their share of the home to should they pass away. Be sure to consult a real estate attorney for details before making your decision.

  • From there, it's time to connect with a qualified real estate representative who will work to find the perfect home that fits your wants, needs and budget!


CONTACT US




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L. Piriano

REAL ESTATE

BROKERAGE, BROKER OF RECORD


Lou@ListWithLou.com
www.ListWithLou.com

 
T. Free:

1-877-747-4266


Local: 905-628-6625

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Ralph Frisina

Broker

 

Direct: 905-961-6486  

  40 Years Experience formerly Broker Owner of Mainstone Realty
Expert in investment and new construction
Also CEO of Frisina Group (acquisitions and building)

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Gloria Payton

Broker


Direct: 905-575-3843

Over 30 years experience in assisting buyers/sellers

 

5 Term Director Realtors Association Hamilton-Burlington Official Educator for Realtors

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Chris Allen, MBA Broker


Direct: 905-320-2850

 

Commercial Specialist
Consummate Sales Professional

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