The Wall Street Journal explores whether parents should help their children buy a home. The article notes that before stepping in with a gift or loan to help with a down payment, parents need to ask themselves some tough questions including the following:
- What is helping my child going to cost me, not just now but also in the long run?
- Is this even the right time for my child to buy a home?
For the full article, see Should You Help Your Child Buy a Home? – WSJ.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.