Buying a home together before you get married

Last month I read an interesting article from Coldwell Banker about couples who are buying homes together before they get married. A survey was conducted which “revealed that 1 in 4 young couples are buying a home together before tying the knot”.

“…buying a home together has become “the new engagement ring” for some young couples. The homebuying process forces couples to deal with their competing feelings of money and how to spend it, and that is why successfully purchasing a home with someone else is deemed a significant accomplishment in any relationship. It means the couple has been able to overcome their differences in an effort to create a better future together.” [Read more…]

Domestic Partners, Real Estate and Mortgage

In May of this year, Governor Gregoire signed legislation providing registered domestic partners in Washington State the same rights as married couples, which has been confirmed by the passage last week of Ref 71. In our State, domestic partners are defined as either same sex couples or where at least one partner is over the age of 62 (they do not have to be of the same sex).  [Read more…]

Vesting: How to Take Title for Your Real Property

UPDATE 1/5/12: With First American Title absorbing The Talon Group, apparently they decided to take down many of the videos the talented crew at Talon created for consumers. Here is a pdf that contains information on vesting: Download Different Ways of Holding Title.

UPDATE 5/15/2013: Wow! It looks like this video is back… thanks, First Am!

If you are buying a home in Washington State, it’s important to consider how you are going to hold title (vesting), especially if you’re buying with another individual and you are unmarried.  Tim Daniels, Chief Title Office of The Talon Group, shares various ways people can consider for vesting of their real estate property.

Looks like the video is gone again… sigh