Saying ‘I do’ to homeownership, marriage

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Q: My fiancé and I are buying a house. Escrow is going to close a few months before our wedding. We're confused about how to take title -- as unmarried man and woman or as registered domestic partners? Also, we're pretty sure we're either joint tenants or tenants-in-common, but we're not sure which. A: Congratulations on both your house and your upcoming nuptials! Becoming a homeowner and becoming a spouse are two very major life transitions to experience at nearly the same time. Traditionally, people became husband and wife before becoming homeowners; these days, though, more and more couples are choosing the same route as you and buying their home first. It sounds like you might have managed to buy in time to collect the homebuyer's credit. Hopefully that will ease some of the check-writing pain that comes with buying a house and getting married at the same time. Mindset Management As with getting married, co-buying a home creates opportunities to have sometimes unpleas...