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Somerville|Local Event

How Individuals Can Buy Property Together as a Group

How Individuals Can Buy Property Together as a Group

Event Details

Virtual via Zoom
More info here

There are a lot of questions when two or more people, related or not, want to buy property together, especially if they are first time home buyers. Where do we start? What type of financing is available? What are the options for taking title? How do you determine each one’s financial contributions, percentage legal interest in the property, and expense allocation? What kind of arrangements can be made in the event one or more parties want to move on, but others want to keep the property? We will help answer these questions at this session, led by our agents, a local real estate attorney, and a loan officer from a local bank. The presentation is 2 hours with opportunity for Q&A throughout. Handouts provided.

NOTE: If you are a first time home buyer, we highly recommend you take the First Time Home Buyer class to give you an idea of what the buying process is like and what to expect.

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