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Financing Your Home >Buying Cooperatively

Today it is becoming quite common for friends to pool their resources to buy a larger home than either of them could afford alone. Some builders cater specifically to this group of buyers by offering homes with two "master suites" instead of the more typical room arrangement. If you are considering a joint purchase, you and your buying partner should outline clearly your agreements about your shares in the down payment, the monthly mortgage payments, and what you will do if one of you decides to move out.

Before committing to a property, sit down with a real estate professional to discuss your options. Should you take possession as joint tenants? Will you have a 50/50 interest in the property, or should the interest be adjusted to reflect each person's share of the down payment or the monthly mortgage payment? Your agreements with your buying partner should be clearly expressed in writing.

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Q	What four states in the Southwest are noted for having boundaries that touch.
A	New Mexico, Arizona, Utah and Colorado, referred to as the "Four Corners", have adjoining boundaries.
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Philadelphia Moves

Louise D'Alessandro & Janice Manzi
Elfant Wissahickon Realtors
1511 Bethlehem Pike
Flourtown, PA. 19031
215-233-3434 x 514
215-852-9312
215-680-7616
Fax: 215-233-0903
Email: philadelphiamoves@NUMBER1EXPERT.com
We give our clients exactly what they need in real estate agents insiders access to all available homes, expert negotiating skills, clear communication and thorough attention to detail....What initially attracts homebuyers to Northwest Philadelphia and the bordering communities in Montgomery County, are the unique stone houses, the extraordinary parkland, and the vibrant shopping and dining. What keeps them here are the vibrancy and the diversity of the people who live here....If you are looking to buy or sell in the communities of Chestnut Hill, Mt. Airy, Roxborough, East Falls, or Manayunk; or the bordering communities in Montgomery County, such as Springfield Township, Whitemarsh, Cheltenham, Flourtown, Erdenheim, Wyndmoor, or Oreland, contact Louise D'Alessandro and Janice Manzi. We can help you move your dreams forward.

Louise D'Alessandro - license# RB-044908-A
Janice Manzi - # RS-284974

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