Can you sell a piece of a house?
A recent listing in Toronto is offering a 25% interest in a home, being one storey in a three story house. This apparently is being done in Montreal and San Francisco. Please read the attached article, where I am quoted as to why I believe that this will be difficult to achieve. Besides the issues about repair costs and the fair splitting of property tax and utility bills, it will be extremely difficult for a buyer to get financing for this type of purchase. Click here to read article: