Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | A Shared Family Home, What Was Once an Old Idea is New Again!By: Martino Realty First, as always, find a knowledgeable realtor to help you through the process. In many cases, this situation involves both families selling their home to buy one together. The first step would be to get a market analysis for both homes, once you have an idea of how much both families will net from their sale, you can start the conversation about how and what to buy. At this point, you should preview some homes to see what kind of living space each family will end up in. Once you have an idea of what you are looking for, some decisions need to be made before you move forward with selling and buying. Some decisions that you should make are: Who will pay the new mortgage? Who will put up the down payment? Who's name will the new house go in? What will other children/siblings involvement be? Whatever the answers are to those questions be sure to check with other professionals, like accountants and estate planning attorneys to learn the pros and cons to all of your decisions. Once you have decided on the structure of your purchase, you can start to look for your new home. With the right professionals, planning to buy a home with family can be a great solution to many of the problems homeowners face. Contact Martino Realty at (718) 608-9400 if you are looking to purchase a two family home! http://martino- End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|