(Closed) buying a home with your SO would you put your name on title/mortgage?

posted 6 years ago in Home
  • poll: Would you want both you & your SO name on title/mortgage?
    Absolutely! : (144 votes)
    78 %
    No, it would be ok not to have it on there : (26 votes)
    14 %
    I'm not sure. : (6 votes)
    3 %
    Other : (8 votes)
    4 %
  • Post # 17
    Hostess
    9671 posts
    Buzzing Beekeeper
    • Wedding: March 2014 - Chicago, IL

    We bought a house together before we got engaged. That sounds horrible that you have people talking behind your back like that. You guys are engaged to be married, why would they question buying a home together? That seems really weird. Do they not support your marriage or something?

    Post # 18
    Member
    11268 posts
    Sugar Beekeeper
    • Wedding: April 2012

    @FoxyBride14:  you are paying for half of this house.  of course you should have your name on both the mortgage and the title.  it would be foolish not to.

    don’t listen to what other people are blabbing about.  hopefully your fi is not listening to them.

    Post # 21
    Hostess
    9671 posts
    Buzzing Beekeeper
    • Wedding: March 2014 - Chicago, IL

    @FoxyBride14:  Oh my gosh!! Ugh. His poor wife. Yeah, it seems like nothing personal against you, he’s just a male chauvinist. I wouldn’t read into it.

    Yes 100% both of your names should be on the title and mortgage.

    Post # 22
    Member
    472 posts
    Helper bee
    • Wedding: March 2014

    We’re planning on buying a house after moving to another state later this year, and we’ve run all the numbers based on his salary and credit alone, since I’ll be switching jobs and won’t have the thirty day pay stub they required and there was no sense in including my debt in consideration when my income won’t be.

    Later, we’ll add my name to the title and I’ll definitly help pay the mortgage. I wouldn’t have been comfortable doing it this way if we weren’t going to be married by then, though.

    Post # 23
    Member
    2598 posts
    Sugar bee
    • Wedding: October 2010

    @FoxyBride14:  First, there is no way I would buy a house with someone I wasn’t married too. Not happening.

    However, there is no way I would put my money into a downpayment or mortgage I had no legal ownership of.

    So, my advise would be not to combine finances until you’re married. Once married, don’t put your money into an asset you have no legal right to. If your SO/husband wants the house in his name only, dont contribute to the down payment and pay him rent which should not equal half of the mortgage – it should be the going rate in your area for renting a room.

    Post # 24
    Member
    683 posts
    Busy bee

    When me and my boyfriend bought a house I was the only one that got approved so ithe mortgage was in my name. But since we were dating 5 years and he would be contributing half, I but his name kn the title. Everyone thought I was dumb, because if we broke up he would get half. But I didnt think of it like that, because he pays half every month so he deserved equal ownership.

    Post # 25
    Member
    1031 posts
    Bumble bee

    When Darling Husband about I bought a house we were not yet engaged. I made for certain that both of our names were on every single last piece of documentation. That way if anything were to ever happen, here is your half, here is my half, there are no fights over the matter. We also split the cost of everything right down the middle, so why should only one of us have our names on the papers.

    Post # 26
    Member
    353 posts
    Helper bee

    @FoxyBride14:  If it were my “boyfriend”, no I wouldn’t have both our names on it. But you two are engaged, you’ve made that step to “become one”. As long as you’re both 100% sure that you’re going to be together, then why not. I work in the mortgage industry, and I’ll just say its pretty messy when people break up/divorce.

    Post # 27
    Member
    5154 posts
    Bee Keeper
    • Wedding: June 2014

    @FoxyBride14:  I would never buy a house without putting my name on it either! Sure, if you broke up/ got divorced, it would be a complete hassle to sell it / buy the other person out, but otherwise you are going to lose a lot of money! FI’s friend had this happen – he was the one who bought the house and its only in his name – but his now ex-wife put money towards it also so they had to battle it out in court. 

    I also would never buy a house with just an SO – I have a friend who did that and the guy seems to have zero intentions of proposing to her (theyve been together 8 years now) while she is dying to get married and engaged. 

    Post # 28
    Member
    839 posts
    Busy bee
    • Wedding: June 2014

    @FoxyBride14:  My Fiance and I just bought a house in Oct of 2013. We have both of our names on everything. We each put half down as well, but because we are/were not married my Fiance is owner and I am co-owner. 

    Post # 29
    Member
    770 posts
    Busy bee
    • Wedding: September 2013

    My mom’s name wasn’t on the title of my parents’ first house, and she got totally screwed in the divorce. I’m not on the documents for our house now because I don’t pay for it, but when we buy a new house we will be doing everything 50/50.

    Post # 30
    Member
    116 posts
    Blushing bee
    • Wedding: December 2013

    House is in both names, cars are only in one name. It’s more practical for us. Having the house and cars in only one name leaves open a lot of liability. That guys with his wife’s name not on the house is an idiot. If he does anything stupid, they have no asset protection which they would have if the house was in both names.

     

    Enjoy your first home!

    Post # 31
    Member
    9512 posts
    Buzzing Beekeeper
    • Wedding: August 2012

    I personally wouldn’t purchase a house with someone until I was married to them. Our house is only in my name and was bought before we were married, but we haven’t added his name to the deed (I wouldn’t care either way). We live in a community property state anyway.

    The topic ‘buying a home with your SO would you put your name on title/mortgage?’ is closed to new replies.

    Find Amazing Vendors