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Divorced/Separated buying house together????

  • 13-07-2010 9:06am
    #1
    LegacyUser
    Registered Users, Registered Users 2 Posts: 166,026 ✭✭✭✭


    Hi
    Myself and my gf are together about a year..living together, at hers, most of that time..we're both 40's kids - me a 16 living with her mum and her a 22 year old almost finished college..

    We're thinkin of buying a house together and I wonder re the pitfalls?

    I'm divorced (no house but a rather large lump sum in hand..) she about to get a separation, sell house and ex to pay off..

    If she sells up pays off ex, clears mortgage..we could then buy a rather nice house together with little mortgage..
    I'm wary of doing this until she's divorced (1-2 years away..) - any opinions????


Comments

  • #2
    Nevyn
    Closed Accounts Posts: 43,045 ✭✭✭✭Nevyn


    You need to get legal advice about buying property together and this site can't offer you that.


  • #3
    LegacyUser
    Registered Users, Registered Users 2 Posts: 166,026 ✭✭✭✭LegacyUser


    Thaedydal wrote: »
    You need to get legal advice about buying property together and this site can't offer you that.

    Thanks I understand that and shall be doing so ...just curious as to peoples experiences....


  • #4
    Nevyn
    Closed Accounts Posts: 43,045 ✭✭✭✭Nevyn


    I can understand wanting to wait until the divorce is finallised and her ex is legally not attached to her any more, still it's only been a year so personally I would say jumping to buying property is a bit soon. I understand wanting to set up home together as equals and not in her house which her ex part owns.

    Why not look at finding somewhere which suits your blended family to rent for the next 2/3 years? This would show that you are taking you lifes together seriously and all the needs of that and will give you an idea of what you need/want for when it comes to buying a place.


  • #5
    Cheap Thrills!
    Registered Users, Registered Users 2 Posts: 2,723 ✭✭✭Cheap Thrills!


    I'd also say rent for a while and don't jump into anything too soon.

    Owning property together is a lifetime commitment and not easy to reverse out of if things go wrong.


  • #6
    LegacyUser
    Registered Users, Registered Users 2 Posts: 166,026 ✭✭✭✭LegacyUser


    Thanks for replies....

    Current location doesnt really suit either of us..

    renting is an option we've considered but honestly see it as a waste of money (but obviously not if prices continue to tumble..)

    I'm more seeking experience on the fact that I would be divorced she only separated and wonder how that might affect thinhs legally...say if one of us died or anything such???


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  • #7
    Nevyn
    Closed Accounts Posts: 43,045 ✭✭✭✭Nevyn


    *unsure* wrote: »
    I'm more seeking experience on the fact that I would be divorced she only separated and wonder how that might affect thinhs legally...say if one of us died or anything such???

    You need a solicitors advice on that.


This discussion has been closed.
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