• Buying a home can be inaccessibly expensive in today's world. Doing it in partnership with someone else can bring home ownership within reach.

• You can divide the work and expenses involved in managing a property if you co-purchase.

• Pooling resources, you may be able to get better terms on your mortgage.

• You will also have more resources that will enable you to look at a larger range of properties than if you were going solo.

• You can enjoy living near or with a friend, life partner or family member.

• If your co-buyer has a significantly less solid financial profile than you do (high debt/income ratio, low credit score, etc.), you may get worse terms on your mortgage.

• But arguably the one major consideration to co-buying a property is that every major decision has to be made in partnership with your co-owner -- which can be an advantage and a challenge. This means that you need to know from the outset how you'll split expenses, responsibilities and more. It also means planning for contingencies in scenarios like: death, unexpected financial stress, marriage, relocation, etc. of one or more of the owners. 

If you address all of these openly and collaboratively at the outset, you can avoid the confusion, relationship tension and emotional stress that might otherwise transpire. That is exactly why Consociatim exists -- so that you can proactively plan for not only the expected responsibilities but also the inevitable unexpected curveballs that life will throw at you.