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I co-own a home with a someone else. This person is now moving out, and wants their equity back in cash. Looking for advice.
I co-own a home with a someone else. This person is now moving out, and wants their equity back in cash. Looking for advice. Back in 2021, I purchased a home with someone else (not a spouse, who we'll call A for the rest of this post). The two of us each put 10% down towards the down payment, so that we'd meet the 20% criteria to avoid PMI. Our co-ownership agreement states that either of us can pay whatever towards the mortgage, and equity increase would be proportio...
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