Can You Buy a House Without Your Spouse? The Pros and Cons MABA Massachusetts RealEstate FirstTimeHomeBuyers
Though it might seem like a weird and highly unromantic question, there are plenty of reasons to ponder this possibility. Basically, this means that although you two might live in the home together, only you would technically “take title” to the property—a fancy way to say that you own it and have your name on the deed. It’s legal—and more common than you might think.
“This is always an option,” says Zachary D. Schorr, a Los Angeles real estate attorney. “People are free to take title to property however they want.”
Plus, however it might look at first glance, keeping your spouse off the deed isn’t necessarily a vote of no confidence in the marriage. Particularly for couples entering second or late-in-life marriages, it can make a whole lot of sense. Here’s why you might consider this arrangement, including the pros and cons.
Benefits of buying a house without your spouse
Having only one name on a property’s deed can be a good move for several reasons.
- You’re buying a house with premarriage money. If you buy a……………….
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