Thinking of helping your child with the downpayment for his or her first home purchase? The combination of low mortgage rates and low prices makes this a good opportunity for many to get into the homeownership market. Many parents are stepping up to help their kids take advantage of this. This CNN Money article sets forth some important guidelines to consider before forking over the dough.
Read article by clicking below.
http://money.cnn.com/2010/12/03/real_estate/helping_kids_homebuy.moneymag/index.htm