PodProperty’s Co-ownership Agreement deals with what happens if one of you wants to sell their share in the property. The following options are available to you:
- Let someone else move in and pay your share of the mortgage. This way, you keep your share in your home and can move back in at some point in the future.
- Your co-owners can buy you out. You can discuss your intentions with your co-owners and ask them if they would like to purchase your share in your home. You can negotiate the price with them directly and once you reach an agreement, you can contact us and we can take care of the rest.
- Find someone else who wants to buy your share in the property. Maybe one of your co-owners has a friend who’d like to take your place. If so, discuss it with your co-owners, make an offer and if it’s accepted, we’ll take care of the rest.
- You can all sell the property together. Discuss your intentions with your co-owners, they might want to move on as well. If you all want to sell out together, we can help you make it happen by getting your property listed and guiding you through the sale of your property.