Sharing your home with a Roommate, Romantic Partner or Spouse
Whether you are planning to jointly purchase a home with a close companion or are renting out your guest room to generate income, sharing your home with a properly vetted roommate is a great way to offset expenses, avoid feelings of isolation and it can be a very rewarding experience.
Whether your roommate is a friend, spouse, romantic partner or a stranger who answered your craigslist ad, the fundamentals of happy co-habitation are the same. It’s about setting expectations and keeping the lines of communication open.
With that in mind, here are some hot-button issues that are best addressed with a preemptive conversation and some basic ground rules.
Use of Common Areas
If you are considering the joint purchase of a new home with a friend, romantic partner or spouse, call 480-279-0032 to discuss your mortgage options with a Boles Group at Bay Equity loan officer.
Bay Equity Home Loans – Boles Group is a team of lending professionals located in Gilbert, Arizona and licensed to originate home loans for purchase or refinance in 11 states (AZ, CA, CO, Fl, GA, ID, MN, NM, NV, OR, WA). Boles Group lending professionals have the knowledge and experience to create solutions where other lenders create problems. The team prides itself on responsive, accurate communication and is highly regarded by clients and business associates alike.