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Parents Helping WIth Kids' Home Purchases Nolo's Real Estate Tips for Home Buyer

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10/13/11 17:39
Miami

Parents Helping WIth Kids' Home Purchases Nolo's Real Estate Tips for Home Buyer

Thank author of this post/commentThe trendspotters are out in force, noting that the tight mortgage market is prompting kids to get financial help from Mom and Dad, in order to take advantage of low real estate prices and buy their first home. Some wannabe buyers are asking their parents to cosign onto a bank loan, as described in Shandra Martinez's article in the Grand Rapids Press , " More parents helping their grown kids buy first homes by co-signing mortgage loan or providing financing ." But that has some downsides for. .

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• paperwork • mortgages • financing • tips • helping • kids • parents • credit rating • mortgage loan • bank loan • first home • mortgage market • home buyers • real estate tips •
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