realestate: 3 Ways Parents Can Help Buy a House for their Kids
- 02/18/19 11:44 AM
Increasing mortgage rates and housing prices may make it tough for your kids to own a home. However, families appear to be helping the younger buyers purchase a home. Before you lend a hand, here are three ways parents can help make it more affordable for first time buyers to purchase a home.
Gift the Down payment Money When you give money to your child’s down payment, it classified as either a loan or a gift. With a gift, there’s no contract or ongoing commitments. Your child’s mortgage lender will need proof showing that the money is a gift, not a loan. You will … (0 comments)
realestate: Should you Buy your First Starter Home?
- 09/19/18 08:21 AM
There’s so many good reasons to own the roof over your head rather than living under your parent’s roof or renting. For a first-time home buyer, saving for a new home can be one of the challenging and exciting chapters of your lives. But, many wonder what type of home they would like to purchase. What is considered the right home for a first-time buyer? That depends on the person, it all comes down to what suits their lifestyle and income. If you’re thinking about getting a starter home, here is some guidance to help you explore entry level housing options.
The Starter … (0 comments)
realestate: When Should You Make an Offer on a Home?
- 09/12/18 09:17 AM
Buying a home can be the most exciting part of your life. Let’s face it, buying a home is a huge deal. Too often, people rush into homeownership without realizing that a home can be overpriced. What if you have found your dream home? You don’t want to lose this opportunity, yet you don’t want to over pay on your mortgage either. To be clear, it’s best to play your cards right when you make an offer. Not sure where to start? Take a look at these 3 signs to determine when the time is right to make an offer.
Increasing mortgage rates and housing prices may make it tough for your kids to own a home. However, families appear to be helping the younger buyers purchase a home. Before you lend a hand, here are three ways parents can help make it more affordable for first time buyers to purchase a home.
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