"RONI WAS THERE EVERY STEP OF THE WAY..."
"WHEN WE DECIDED TO PLACE OUR TOWNHOME ON THE MARKET WE IMMEDIATELY CONTACTED RONI CHASIN OF KELLER WILLIAMS FROM THE MOMENT THAT WE FIRST SPOKE WITH RONI UP UNTIL THE TIME OF CLOSING RONI WAS THERE EVERY STEP OF THE WAY RONI AWARDED US GREAT ADVICE ON HOW TO MAGNIFY THE STRENTGTHS OF OUR HOME WHICH GREATLY OPTIMIZED OUR CHANCES OF SELLING. WHEN WE DECIDED TO PLACE OUR HOME ON THE MARKET IT WAS THE BEGINNING OF THE DOWNTURN IN THE REAL ESTATE MARKET. OUR DEVELOPMENT[MSOffice1] in WHICH OUR TOWNHOME WAS LOCATED HAD AND CONTINUES TO HAVE A LARGE INVENTORY OF SIMILAR HOMES. IT WAS RONI’S EXPERTISE, STRATEGY AND HER KNOWLEDGE OF THE HOUSING MARKET WHICH ULTIMATELY LED TO THE SALE OF OUR TOWNHOME. EVEN WITH THE DOWNTURN IN THE MARKET, WHICH MADE BUYERS SCARCE, MY WIFE AND I WERE ABLE TO SELL OUR HOME AND PUT SOME MONEY IN OUR POCKET. WHEN I SELL OR BUY A HOUSE IN THE FUTURE THE ONLY REAL ESTATE AGENT THAT MY WIFE AND I WOULD CONISDER USING IS RONI I WOULD WHOLEHEARTEDLY AND WITHOUT RESERVATION RECOMMEND RONI IN THE SALE OR PURCHASE OF A HOME IN THE STATE OF NEW JERSEY"
BRIAN AND STACEY DRATCH
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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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| Q |
Which metropolitan area in America currently offers the most affordable market in which to buy new homes?
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| A |
The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S. |
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