Bronco Lane
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It has been amicably agreed between them, just to get the legal end sorted. A couple of houses of interest have come on the market and he was hoping to get things moving in tandem.He's an adult; he needs to sort out the settlement issues first.
For it to stay amicably all sides need to be in the loop all the time,It has been amicably agreed between them, just to get the legal end sorted. A couple of houses of interest have come on the market and he was hoping to get things moving in tandem.
We have thought about this. €7k additional is OK to live with.Then when he is in a position to buy it, he buys it from you as normal.
Then wait until the divorce or Judicial Separation is sorted.It has been amicably agreed between them, just to get the legal end sorted.
It has been amicably agreed between them, just to get the legal end sorted.
I think that's what they are doing. And yes, two sets of costs.Hi Bronco
Why would you buy a house in his name?
Buy a house yourselves as normal.
Then when he is in a position to buy it, he buys it from you as normal.
The additional costs of this are 1% stamp duty and two sets of legal fees - maybe €4,000.
Irritating but assuming the house costs €300,000, the total additional cost would be €7,000.
Brendan
Looking at this also - you buy the house now - paying stamp duty and legal costs, let's say as BB suggests, 7kHi Bronco
Why would you buy a house in his name?
Buy a house yourselves as normal.
Then when he is in a position to buy it, he buys it from you as normal.
The additional costs of this are 1% stamp duty and two sets of legal fees - maybe €4,000.
Irritating but assuming the house costs €300,000, the total additional cost would be €7,000.
Brendan
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