October 16, 2014

Buying a home with family: How to start

By Marcie Geffner - Bankrate.com

Suppose you're buying a home. And suppose, too, that you have an elderly parent or adult child who'd like to live in your home with you. Why not buy a home together as a family?

If that sounds smart to you, you're not alone.

In fact, a recent study by the National Association of Realtors found that 14 percent of U.S. home purchases last year involved a multigenerational household of adult children, plus parents, grandparents or both.

Read on:
http://www.bankrate.com/finance/real-estate/buying-a-home-with-family.aspx