Customer A : I have a house that is under two names, is my boyfriend and I. Loan under two names too. And we’re separating now; he will sell his portion to me. Can you help me?
Me: Sorry to hear about the separation. Of course, we can help you. But, first this is what you have to do… continue discussing…
Tip:
To be honest, over the years we have come across many transactions like this. I guess it can be avoided if using one name in SPA and Loan.
Try to stay away from getting a joint house or a loan if the relationship is not yet stable and confirm. This is to avoid messy transaction in the future.
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