To help you move forward, do you have a specific in mind or a target budget ? Knowing your area can help determine which local property laws or first-time homebuyer programs might apply to you. What unmarried couples buying a house together need to know
: Agree on how to split monthly costs like the mortgage, taxes, utilities, and maintenance (e.g., 50/50 or proportional to income). 2. Choose the Right Title Structure unmarried couples buying a house
Applying for a mortgage jointly can increase your buying power, but it also carries shared risks. To help you move forward, do you have
: You can both be on the title (deed) even if only one person is on the mortgage. 4. Tax and Insurance Considerations To help you move forward
Buying a home as an unmarried couple lacks the "default" legal safety net of marriage, but you can create your own protections through careful planning.
: Draft a legally binding contract with a real estate attorney. It should detail how you will manage joint ownership and provide a clear exit strategy for a breakup.
How you hold the "title" determines legal ownership and what happens if one partner dies.