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Navigating Complexities of Co-Buying Residential Real Estate
The chapter delves into the challenges and intricacies of co-buying residential real estate, including unconventional family dynamics, clear agreements, and proper documentation to mitigate risks. It explores the trend of co-ownership among various groups like romantic couples, friends, parents, and investors, emphasizing the importance for real estate agents to be knowledgeable and supportive of this growing demographic. The conversation highlights the increased purchasing power, affordability, and potential upside in markets with high costs through co-buying arrangements.