Tag Archives: gay home owner

Many same sex couples make the mistake of not preparing before purchasing their first home. The result is unexpected delays and disappointments. Following are five ways for same sex couples to prepare to own their first home. 1. Calculate the Cost of Owning a Home The first step is to determine how much home you can afford. You can do this by applying for preapproval from a mortgage lender. Before applying, it would be wise to obtain a copy of […]

Owning your own home allows you to experience the pride of home ownership. For many same sex couples, the security of owning their own home is an accomplishment that they look forward to once they have established a secure relationship. There are many benefits to owning a home compared to renting. 1. Freedom When you own your own home, you have the freedom to decorate and make landscape changes, make noise, have pets and allow anyone you would like for […]

When same sex couples purchase a home, there are some legal protections that can be put into place to protect their children in the event one or both of them die. The protections that would be best for you will depend on your particular situation. Following are some of the options that are available, depending on the state that you live in. Types of Ownership When you purchase a home, you can choose how you want to take ownership. Following […]

Home Owners Associations, (HOA) is an organization of property owners in a subdivision, development or condominium complex that administers the rules and covenants of that neighborhood or community. Covenants are legal, contractual agreements that are said to run with the land, meaning that the covenant cannot be separated from the land and is transferred with it when the property is sold. They are used to enforce certain standards of the community to keep property values from falling and can prohibit […]