Exit Strategy Section Review

In this section, you explored:

✅ Why exit strategies are necessary for co-ownership

✅ Different ways co-ownership unwinds

✅ The importance of documenting your exit strategy

You don’t necessarily need to memorialize your exit strategy before closing on a home. You should discuss what an exit looks like with your co-buyer(s), though.

The earlier you’re aware of the potential outcomes and how you can deal with them, the better you’ll be able to protect yourself, your relationship(s), your home, and your investment.

Resources

CoBuy Blog: Co-ownership Exit Strategy: Plan, Protect, Maximize Returns

CoBuy Blog: What's a Co-ownership Agreement & How to Create One

CoBuy-certified™ RE Agent Don Koonce: CoBuy Success Story Where Sisters Buy & Sell their First Home Together