Buying A House With Family Members at Buying

Buying A House With Family Members. Buying a house with your parent or adult child can be a great way to ease caregiving, support young children, or simply bring loved ones closer together. Or maybe you want to buy your aunt’s house—but so does your sister.

We thought about buying duplexes next to each other, but then we saw that a developer was building multigen homes. Planning to buy a home with a family member? Fannie mae made the process of acquiring a family member’s home much easier earlier this year.

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When you rent a house or an apartment with a family member or friend, it’s fairly easy to walk away from a lease. Buying a home from a family member becoming easier. Pooling resources lets family members enjoy greater buying power than they would as an individual. Planning to buy a home with a family member?