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Real Estate Tips
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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Real Estate Trivia
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What famous American sign was originally erected as a real estate ad?

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The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland."
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The Jason Matt Team, REALTOR®, real estate agent and broker for Canton, Plymouth and Northville, Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jason Matt Team
Coldwell Banker Weir Manuel

177 N. Main
Plymouth, MI 48170
Jason's Direct: 248-756-0009
Fax: 800-679-1933
Jason's Email: sold@jasonmatt.com

Jason is a licensed Realtor who has over ten years experience in the area of client relations. Currently a Realtor with Coldwell Banker, Jason’s primary area of expertise is working with sellers and buyers along with their families to meet and exceed their various real estate needs. He is familiar with the Southeastern Michigan counties of Wayne, Oakland, and Macomb. In addition to his real estate license, Jason has two years of study in finance with the University of Michigan and holds a Bachelor’s Degree from the University of Phoenix in Business. Prior to entering the real estate industry Jason worked as a Project Manager within the automotive and telecommunications industries. Jason and his wife, Jaime, reside in the city of Canton with their 2 sons, Landen & Beckham.

ABR REALTOR


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