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I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the Kenner, Metairie and Lakeview, Louisiana area MLS, and even later on the national listings web sites, if at all. By signing up to receive my latest listings, I'll send you an email notice instantly -- as soon as my latest homes for sale go online. You'll find out first, before other Kenner, Metairie and Lakeview buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Just fill out the form to get started...
Financing Your Home >Financial Help
Escalating home prices often cause many first-time buyers to seek help from their families for the down payment on a new home. If your parents are providing financial assistance for the purchase of a home, it is important that you have very clear agreements with them about the conditions under which their help will be provided.
Sit down with your parents to discuss the details of the arrangement. Is the money they are providing a gift or a loan? If it is a gift, be sure to check with your tax expert to minimize the tax implications. If your parents are loaning the money for the down payment, how will it be paid back? Will there be joint ownership with an equity-sharing agreement? Will your parents be named on the ownership papers with you? Are special documents needed?
Whatever form it takes, parents who help their children buy a home give them an incredible gift!
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What holds the title as the tallest reinforced concrete building in the U.S.?
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311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high. |
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- NUMBER1EXPERT™ 
