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Ricky Realtor...specializes in Southern California Real Estate

Thursday, July 7, 2011

Stern Advice: How to help your kids buy a house
Reuters
When a client wants to help the next generation buy a house, the client puts up the 20 percent down payment, and the kid makes the payments. After five years (or other agreed-upon period), the home is sold, and the parent and child split the profits. ...
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