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Glenda Williamson ABR CRS GRI LTG is one of The Top Selling Real Estate Experts™
Glenda Williamson LTG, is one of The Top Selling Real Estate Experts™
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From My Affiliates: Forsyth, Mt. Zion and Decatur Illinois home buying, real estate listings, and homes for sale in Macon County, IL

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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	What do 84% of homebuyers who use the Internet to search for homes have in common?
A	They use a real estate agent to purchase their home.
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Glenda Williamson ABR, CRS, GRI, LTG,, REALTORŽ, real estate agent and broker for Forsyth, Mt. Zion and Decatur Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Glenda Williamson, ABR, CRS, GRI, LTG
Glenda Williamson Realty
1110 W Arbor Dr, Suite D
Decatur, IL
62526
Office: 217-875-8081
Toll Free: 877-475-9972
Fax: 217-875-8110
Glenda@GlendaWilliamson.com
When it comes to succeeding in the Decatur and surrounding area real estate market, you want to enlist the best team possible to help you reach your goals. Thats where Glenda Williamson Realty comes into play. Glenda has built her reputation as an industry leader by offering people extremely caring and comprehensive service during the sale or purchase of their home. With an experienced support staff by her side, she has the resources, insight and experience to ensure you get the specific results youre looking for during the sale or purchase of your home. As a result, Glenda Williamson Realty has become a growing tradition for families throughout Decatur and the surrounding area who want to make the most out of their move. Here are just a few of the unique advantages that Glenda Williamson Realty has to offer.

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NUMBER1EXPERT™ in real estate for Forsyth, Mt. Zion and Decatur, Illinois, Lake Homes, New Construction

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