Ann Arbor Real Estate Tip: Helping Your Kids Buy A Home
Today’s turmoil in the housing market has made it more appealing than ever for many renters to consider purchasing their first home.
Whatever your situation, the housing market is ripe for first time home buyers. The Federal HomeBuyer Credit is available for homes put under contract by April 30th, 2010 and closed by June 30, 2010.
Interest rates remain low. The market is full of homes that are aggressively priced. If your children approach you for assistance, perhaps it is a valid consideration. Take some time and determine the housing goals, what are the various financing possibilities and the possible tax implications of any assistance you may give your children. Make a non-emotional decision, if possible.
As always, we are here to assist you during the whole house-hunting process and all of your real estate needs. Call us at 734-747-7500 or 734-747-7700 weekdays, or 734-660-0105 evenings and weekends. We’re also available via email at info@prusnyder.com or online at www.prusnyder.com anytime.
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