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Friday, October 3, 2014

Are Gay Couples Waiting for Marriage Equality to Purchase a Home?

We had a discussion last evening with our best friend who is
a married straight man about not only marriage equality, but how the delay in Florida's Equal Right to Marry may be holding back some gay couples from buying a home.  Our friend had read my blog post titled "Gay Homeowners Want Larger Homes to Grow Their Family" and he said he was not surprised by that.  He said that it makes sense to buy a larger home before having a child or your second child no matter if you are a gay couple or a straight couple.

We also discussed the idea that there may be a good number of gay couples who are waiting for marriage equality before buying a home together because they may not know how to protect themselves and their partners.  He also expressed his anger that my partner and I cannot be legally married since we have the best relationship out of anyone he knows aside from his parents. Knowing the same people he does as we are all friends in the same circle, we agreed. (smile) Buying a home is a big step in any relationship married or not. I can't help but think that there are a good number of gay couples who are waiting to buy a home because we don't have the legal rights and protection as any married straight couple.

You have options as a gay couple and you do not necessarily
have to wait for marriage equality to purchase a home.  Buying a home together, you can take title in a way that allows either one of you to automatically gain sole ownership of the home in the event of death.  Having title as "Joint Tenants with Full Survivorship Rights" which means even if you do not have a will in place your partner will become the owner of the home without question.  Please be sure to protect your partner and your family when buying a home.  Should you and your partner wish to purchase a home together please contact me for your personal real estate consultation.  I have the knowledge and experience to assist you and your family. Please don't let the States Policy of Inequality and Violation of Equal Rights hold you and your family back from moving forward and buying a home together. 
written by Michael J. Gallo



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