Frequently Asked Questions
Co-buying and fractional ownership are interchangeable terms for shared ownership of a large asset. In many cases, ownership is not shared equally. For example, if you were to buy a home with someone and split ownership 70/30, upon selling the home, you would receive 70% of the home’s equity and your co-buyer would get 30%.
Nope. You can co-buy a shared primary residence, but you can also co-buy a vacation home, an investment property, or even a primary residence for just one of you. One common example of this last case is when a parent helps their child with the downpayment and receives a share of the home’s equity, but doesn’t live in the home.
We create easy-to-use tools that make buying a home with friends, family, or a romantic partner simpler. We also use our network of fractional-ownership-savvy real estate agents, mortgage brokers, and attorneys to help aspiring co-buyers find local help that’s experienced and knowledgeable.
You could, but we don’t recommend it. Each state has its own homeownership laws. A local real estate attorney will ensure your contract is in accordance with your state’s laws.
If you live anywhere in the US or Canada, yes! We can connect you with a local real estate agent, mortgage broker, or attorney who is experienced in co-ownership.
We have a full-service real estate brokerage in western Washington state. If you live elsewhere and are looking for a real estate agent, we’ll match you with one of our partner agents in your area.
If you don’t see your question here, drop us a line and we’ll be happy to answer it!