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Would You Buy a House With Your Fiance as Co-owner?

I have a friend who is meant to get married in July 2006, and he has just bought a house in both his and his fiance's name.

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Why put the cart before the horse. get married first and put her name in whatever. These days marriages no be silver bullet, cos its a 50-50 chance. That's why I feel that there should be a law to give back every gift from a marriage whenever it goes south. Cos its like an investment that the union will be forever. donts investor get back some investments whenever a company is about to go under?

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@topic

yes i will, only if we buying it 50/50 i get half the money and he gets half the money to put into buying it. why not? Also there has to be a written contract stating equal ownership or if not , then the percentage. A contract must be available . However, if it is a case of buying the house with my money alone,and then including his name on the ownership, helllll no. Not before marriage.

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@okwanuzo3 Don't be too sure about naija babes anymore o. Alot are imbibing even the craziest idea all in the name of getting westernized. Things of value no more count cause it doesnt in the western world. It's just a pity. . .

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Depends on where u live.

If u live like me in a country where they tax u very high,

it´s the only way to do it. Just cos of money.

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@timmy

whats wrong with it? looks like you have got a long way to go when it comes to trust.

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I see that as sowing a great seed into the future. Why must you get married to someone you don't trust to stick with you. I'll do same if i were in their shoes.

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I don't see how that applies here. . .these are two people who are actively engaged in getting married and presumably have no children. There is nobody to will the house to except each other. . . which could be bypassed by having the house in both of their names and reducing any fees that may occur in settling a will.

I agree. I can't see any disadvantage. Both people at the moment are in love and want to own a home. Both are planning to marry each other. If they get married, then they are in a great situation. If they change their minds, they can sell the house and split the value or one can buy the rest of the house from the other person. Either way, nobody loses financially. . . what exactly could be wrong with this?

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I don't see the problem. If they don't stick together they can always sell the house. If they're going to be married, they're going to be co-owners of everything anyway.

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i still feel he shouldn't have done that, i'm more into the set of people whose will properties to children than spouse's

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knowing them i dont think he made a mistake, just that as they say you'll never know what can happen they are both gainfully employed and have been going out for about 3yrs now

the only reason against the whole idea is traditional, and i dont usually like subscribing to traditions that are dogmatic in nature

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However, if their love is geniune and reciprocal, moves like this can make it stronger. The more dependent you are in a family, the more you are forced to resolve your differences instead of running away.

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never!! Guy your friend aint a sharp guy at all.. that one of the crazy thingys we men do claiming "I lova her and thats what matters"..

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Of course, if they are planning or expecting to get divorced later on, this wouldn't be wise.

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Yes, I don't see a problem with it. If they do not end up getting married they can always sell the house.

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they suppose to buy a house together if they are going to be married, what he own she own, what she own he own. so there is no problem

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