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Selling Your Half of a Jointly-owned Home? Here’s What You Need to Know

April 13, 2016 by Michael Addison

There are many factors to consider when it comes to selling your home, and if you own your home with someone else the details involved can be even more confusing. If you're wading into your co-ownership options and are curious about your next steps, here's a short list of some things to think about. Buyout: Selling Your Half If you own your home with a friend, family member or former partner who would like to keep the property, the first thing you'll want to do is contact an appraiser who will provide you with the market value of your home. Once you know this amount, you can discuss it with your co-owner and decide on the amount they can pay you for a buyout. While some co-owners will decide … [Read more...]

Filed Under: Home Seller Tips Tagged With: Home Seller Tips, Jointly-Owned Home Selling, Selling a Home

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