The Federal Reserve Board has shown that homeowners have an average net worth of over ten times the net worth of renters. Therefore, helping a child enter the world of home ownership may be the most important help you can give your children in their lifetime.  More important than helping them buy a car or giving them a place to live in your basement or rental property.

Most parents and their children do not know that the majority of mortgage programs allow for maximum help from their parents.  This includes buying together and giving a gift of equity to keep a home in the family.

Interested in more information as to how you can help your children or receive help purchasing a home? We have an article available which discusses the alternatives:    Parents: Do You Want to Help Your Children?   Email me and I can send you a copy of the article.

In addition, I would be happy to go over the options with you face-to-face or over the phone so that we came come up with a strategy.  We could even do a three-way call or meeting with your financial advisor.

I look forward to helping you help your children.