Realtor Q&A: How parents can help children with home purchases

It’s a conundrum faced by many parents – how involved should they be when their adult children embark on their first home purchase?
Other than handing out cash, in what ways can parents be the most helpful when their children are first-time homebuyers? The Sun Gazette surveyed local real-estate professionals and received a wide array of opinions.

Dean Yeonas, Yeonas and Shafran Real Estate: “You always want to own property. So any parent counseling and advising their kids to get them over the hump and understand that and see the big picture, and that buying is an asset, would be good advice. Kind of talking them off the ledge.”


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