November 23, 2007
Psst0tell Your Kids That Buying A Home Is Easier Than They Think! Series Part I
window.document.getElementById(’post-129′).parentNode.className += ‘ adhesive_post’;We encourage our kids to plan for their future, but we seldom include buying a first home sooner than average as a path to building that future. Let them know buying a home is easier than they think.
Most of the people who read this column are not first time homebuyers. The fact of the matter is many of you that are first time homebuyers and reading this article are relatively mature individuals who are fighting off your commitment fears of being tied to a mortgage. But there is a huge segment of the population that could buy their first home, yet it doesn0t occur to them to do so. Who are these people? Well, it0s your 24 year old son or daughter, new to the work force, and is throwing away money on rent somewhere. Encouraging your children to buy a home when they are young is some of the soundest financial advice you can give them. Equity in a home is an easy way to grow one0s portfolio with very little investment. But the fact of the matter is it doesn0t occur to most of us to encourage the younger generation to buy early in their […]
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