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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 864-933-4648.
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Request My Free Relocation Package! Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate! Find Out More > View All Offers >
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Compare three mortgages at one time.
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Greg O'Leary, Mr. Lake 1 is one
of The Top Selling Real Estate Experts Find Out More > |
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Check out our web site & view all homes for sale on Lake Hartwell & upstate S.C Welcome! Here You Can Find Great Information on Lake Hartwell and Anderson, South Carolina Real Estate
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Looking for Homes,Fore closures, bank owned & short sales ? Search everything the web has to offer, right here! Don't miss my Feature Homes. Need local real estate information? I've summarized much of what is important about the Lake Hartwell and Anderson real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top REALTOR®. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job. Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR REALTOR®. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As a top Lake Hartwell and Anderson REALTOR®, I have the experience and track record you are looking for. Please let me help. - Greg O'Leary, "Mr. Lake 1"  |
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 area in the U.S. is known for its pre-civil war mansions?
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| A |
Natchez, Mississippi boasts over 500 pre-civil war-style mansions; many are open to the public as museums. |
See More Real Estate Trivia > |
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