Sentences with phrase «purchasing in a community property state»

Let's take a closer look at how purchasing in a community property state can complicate the process.

Not exact matches

If you're purchasing in one of the nation's nine community property states, lenders can consider your spouse's credit and debts even if he or she won't be on the loan.

Spouse's salary (if the spouse is co-signing on the loan or the purchase is in a community property state)

However, in community property states, all new property is considered jointly owned, including income, debts, and any purchases.

In a community property state, both spouses own equally any income earned during the marriage and any property purchased with that income.

GIC, the Singaporean state - owned fund, has already been making alternative property purchases, investing in the U.S. in Denver - based mobile home community owner Yes Communities, as well as in student housing in the U.K. and Germany in 2016.

In community property states, a house purchased by a married couple becomes the joint property of both, no matter who put up the money to buy it.