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Married Couple Buying A House Under One Name. Other couples choose to buy a property in just one name for asset protection reasons. Let’s look at all these different options!
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This is also known as a joint tenancy. These advantages include one spouse has poor credit, low/uneven income, or high debts. If you’re looking to get a mortgage without your spouse, or if you’re just wondering why in the world someone would do this, we’ve got a few answers.
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If the property is in your name alone, you can bequeath it to whomever you want in your will, including children from a previous marriage. To protect the buyer’s interests, to. However, as with many legal concepts, there are exceptions to these general rules. But it’s possible to get a single mortgage when you’re married and still end up with the best interest rate available.