Tag Archives: gay home buyers

Protecting yourself when purchasing a home with your partner should be one of your priorities. Following are the top five ways that you should consider to protect yourself when purchasing a home with your partner. 1. Create a partnership agreement that outlines each of your responsibilities. For example, who pays the mortgage,who pays for maintenance and repairs, will one partner pay more money while the other partner provides more labor, and what happens if the relationship ends. Creating an agreement can help resolve disputes without the need for mediation or […]

Finding and purchasing a home is a major decision that a good realtor can help facilitate. But, how do you know if you are hiring the right realtor for you? Below are the top 5 questions every gay home buyer should ask their realtor. 1. Ask if the realtor knows what the current state laws are that relate to gay’s purchasing homes. If the realtor is not up-to-date on current statutes, it could result in him or her giving you the wrong advice for your situation and end up costing […]

Adding your same sex partner’s name to the deed of your home is relatively simple. You would need to complete a quitclaim deed, have it notarized and file it with your county registry of deeds. Some states also require witnesses or your partner’s signature on the quitclaim deed before it can be filed. Although the process is simple, the consequences of adding your partner to your deed should be seriously considered before taking that step. Unless you prepare a contract setting out your partner’s responsibilities in relation to making payments […]

Buying a home is huge step, and often represents the culmination of a lifelong dream. But while under the thrilling spell of the home buying experience many LGBT buyers fall victim to three of the biggest mistakes. Became familiar with these pitfalls to successfully avoid them. #1 Overreaching One of the many companies directly owned by Warren Buffett, the most successful investor in American history, is a business that builds and sells homes across the United States. Addressing the shareholders of that company Buffett explained that when he is qualifying […]