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You were great! "She was friendly, knowledgeable and followed through with the completion of every detail in a timely manner" The Henderson'sThe Nidros' Read Quote > View All Quotes >
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Looking for homes? Search everything the web has to offer, right here! Don't miss my Feature Homes.
Use this website if you are Interested in the current Bank Owned Homes market in the La Quinta area, or New Homes in the area?
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Buying and selling a home is one of the biggest events in your life. As a top REALTOR® specializing in fine La Quinta golf home communities, I have the experience and track record you are looking for. Please let me help.
- Susan Eidler
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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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| Q |
What was the longest distance a building has ever been moved?
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| A |
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums. |
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