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Old 12-11-2005, 11:13 PM   #39 (permalink)
NoSoup
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Location: Green Bay, WI
Quote:
Originally Posted by Cynthetiq
If my wife is a co-buyer of a property how does that affect our liabilities when we decide to purchase future properties?

Scenario is that my wife and MIL buy a place together, wife may or may not be on the mortgage. What are the ramifications or consequences in the future for your availalbe ability to buy other properties?
Quick question for you Cynthetiq, do you know if New York (I believe that's the state you live in) is a "Marital Property State?"

You would likely be able to find out by calling a local lender and asking them - I checked around a bit online and found conflicting information...
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