Should You Buy Property Together Before Marriage?

3563154055_6eef3fd771_zOne of the age-old questions of the world is whether or not it’s appropriate to live together prior to marriage. But anymore this has become a pretty common practice and instead couples have to navigate things like if or when they should join finances, or if it’s a good idea to buy property together before tying the knot.

Precise numbers on how many unmarried couples purchase homes together every year are hard to come by, but unmarried cohabitation is growing, according to the U.S. Census Bureau.

Meanwhile, a survey conducted late last year by the real estate brokerage Redfin found that 38 percent of 2,021 American millennials have postponed or would postpone a wedding or honeymoon to buy a home.

Find out more about the risks of buying property together prior to marriage at US News and World Report.

Photo courtesy of: Jo Christian Oterhals