[eweissenbach]

Has anyone on the forum owned a home in TV with another couple? We came for our lifestyle preview two years ago in April 2010, and after getting our dates asked some good friends of ours if they would like to join us. We enjoyed our LSP together so much that we decided to rent together in April 2011 (both couples had obligations that did not allow us to get away earlier that year). We then decided to rent again in February and March of this year together. The two men like to play golf and pickleball, have a few drinks, go to the squares, barbeque, and eat out. The women like to do zumba, and yoga, and dance classes and go to the squares and eat out. We all agree that we are not likely to ever be interested in full time residency, as we have family elsewhere. We are compatable in our religion, our politics, and generally just get along perfectly without getting on each others nerves (not an easy relationship to find in my experience.) We have talked for the last two years about going together and purchasing a three bedroom home which we could share sometimes, and stay seperately sometimes. We would, of course, need a buy and sell agreement to allow either party to opt out of the partnership, or determine disposition of the property at the death of any party. One of the upsides to this is obviously, financial - the price of the property would be split, as would the normal expenses and taxes. Another upside we have found is the ability to have a golf or pickleball partner at the ready as well as a partner in all the other activities in which we want to get involved.

Again, if anyone has had experience with this type of arrangement, good or bad, I would like to hear about it, or if you have any insights or thoughts fire away.