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Welcome! Here You Can Find Great Information on Sacramento, El Dorado Hills and Granite Bay, California Real Estate

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Financing Your Home >Buying Cooperatively

Today it is becoming quite common for friends to pool their resources to buy a larger home than either of them could afford alone. Some builders cater specifically to this group of buyers by offering homes with two "master suites" instead of the more typical room arrangement. If you are considering a joint purchase, you and your buying partner should outline clearly your agreements about your shares in the down payment, the monthly mortgage payments, and what you will do if one of you decides to move out.

Before committing to a property, sit down with a real estate professional to discuss your options. Should you take possession as joint tenants? Will you have a 50/50 interest in the property, or should the interest be adjusted to reflect each person's share of the down payment or the monthly mortgage payment? Your agreements with your buying partner should be clearly expressed in writing.

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Q	What is the mysterious American island whose private owners are intent on preserving the ways of early island life?
A	The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways.
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Team Swanson, REALTOR®, real estate agent and broker for Sacramento, El Dorado Hills and Granite Bay, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Swanson
Greenrock Realty
8243 Joe Rodgers Road
Granite Bay, CA 95746
916-601-4141
Fax: 916-859-0382
robertswanson@NUMBER1EXPERT.com

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