We intend to use this website to document our process. We may not always have it right up to date, but if you have questions, just contact us.
IS THIS YOU?
If your situtation mirrors any of these, you might want to consider co-housing.
“I am 63 and did not think about shared living until recently when my financial advisor did some math with me. I live alone and spend over $1500 a month to maintain my modest home. My home is my main asset and I have a small pension. The advisor said that holding on to my home for too long will make me “house poor” and when I eventually do sell, I will deplete my home equity within 15 years. I plan to live beyond 15 years and so I need to think about another kind of housing.”
All of the co-owners are now committed. We have a new design and construction has begun.
The house is owned under a tenants-in-common framework and all owners have signed a bindinglegal agreementthat will spell out how one goes about buying or selling a share.