In addition to your legally binding lease, it is important to create a homesharing agreement with your housemate.
It’s a success story we often hear from Silvernest users: an older homeowner opens their home to a younger housemate to gain a helping hand in exchange for an affordable living arrangement. Read on for our answers to some of the questions you might have about arrangements like these and how they can benefit you or a loved one.
With Silvernest’s homesharing platform, it’s easy to create leases and homesharing agreements with clear and specific terms. Thanks to rent auto-payment, there’s also no shuffling checks around or awkward conversations about when the rent’s due. It’s a painless way to manage your homesharing agreement for both parties.
The biggest question we get about rent, though, is "How much??" Homeowners want to know how much they can charge for their space, and renters want to know how much they can save by homesharing compared to market rent rates. Here's how Silvernest helps users answer those questions.