Trends: Co-Buying Homes With Friends

Hello and welcome back real estate champions!

With the challenges of the mortgage rules and the rising home prices, some buyers have become creative!

As you may or may not have seen in the news, more and more people are buying homes together as friends and business partners.

Have you ever thought about purchasing a larger home or a home in a better neighbourhood by co-buying with a friend or family member? I discuss this topic and important facets to consider on a plan like this:

  1. Finances
  2. Lifestyle
  3. Timeline
  4. Financial advisor
  5. Lawyers

I hope you enjoyed this episode and found it useful. As always I appreciate when you give me a thumbs up on YouTube, Subscribe and of course when you “ring” or click the Bell on YouTube when you’re signed in so you get an automatic notification whenever I post a new video!

Thanks so much and have a wonderful day!

Cindy-Lou Schmidt
Cindy-Lou Schmidt

Broker / Manager
 
 
Cindy-Lou is a dedicated Broker/Owner and REALTOR® based in Waterloo who is proud to serve her hometown and community. She is adamant in the value of home ownership both for the financial and wealth benefits, but also as a foundation of healthy communities. With 7 years in the real estate business, and as a private investor since 2005, her experience and strategic approach to homes sales has been pivotal in building loyalty with her clients over the years.

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