Denver, Castle Rock and Highlands Ranch real estate and homes for sale in Colorado, relocation - DeLUX Team Realty, Inc., REALTORS® DeLUX Team Realty, Inc. REALTORS(r) for Denver, Castle Rock and Highlands Ranch, Colorado real estate, relocation - NUMBER1EXPERTS™ DeLUX Team Realty, Inc. NUMBER1EXPERTS(tm) for Denver, Castle Rock and Highlands Ranch, Colorado real estate, relocation

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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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DeLUX Team Realty, Inc., REALTOR®, real estate agents and broker for Denver, Castle Rock and Highlands Ranch Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Metro Brokers/DeLUX Team Realty, Inc.
"Our Family Helping Yours"

13982 W. Bowles Ave Suite #200
Littleton
Colorado 80127
Office - Local : 303 327-5898
TOLL FREE: 1-888-LUX-TEAM (589-8326)
Fax : 303 951-6335
Email: Jim@DLTRealty.com

The LUX Team knows what YOU need when it comes to Metro Denver real estate; you want the best deal possible, we can do that for you! The entire LUX Team are “Top Selling Agents", and are designated “NUMBER1EXPERTS” outselling most agents in the area. You are better off having us on your side of the negotiating table. Whether helping our clients receive top value for their property, or finding the ideal home you’ll receive the ultimate in customer service. We consider every client as a positive difference in the buying or selling experience. Let our education, knowledge, and experienced benefit you. Call us today!

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