Posted by Cape Cod Daily News via WordPress Tag Cape Cod
Sunday May 25, 2025 (4 months, 1 week ago)
“Of those who did receive monetary aid from parents and grandparents to buy a house, 45% of Americans said they would not have been able to purchase a house without financial support from parents and grandparents.”Bottom Line Your equity could be the thing that makes homeownership possible for your children when they might not be able to do it on their own. So, here’s the question. If helping your kids buy a home was more feasible than you thought, would you want to explore that option? If you want to learn more or find out the best way to make it happen, talk to your lender and a financial advisor you trust. If you’re not working with a lender, we can recommend several who we have worked with over the years and trust. Let us know if we can help. Mari and Hank The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision.
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