What to do when the owner of the 50% of house wants to sell?
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garth1544
Apprentice
Joined: 04 May 2007
Posts: 3
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 Posted: 12/07/11 - 05:29 Post subject: |
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| I have a joint mortgage (tenants in common) with a friend of mine. We bough together four years back, and both saw it as an excellent opportunity to get onto the property ladder. But now the situation has changed and she wants to sell. What do I do now? Please help me, as I think it is a very tricky situation. |
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micky
Apprentice
Joined: 11 Feb 2005
Posts: 5
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| Posted: 01/06/12 - 00:32 Post subject: |
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| You should try to either buy her out and become the owner of the whole property, or agree with her in such a way that you get a say in whom she sells to - or better still, you can find buyers and negotiate with them. After all, you are going to have to live there with them afterwards! All the best! |
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