Great Points

Is it a good idea to help my adult child to buy a home?

Matt Schroeder Season 6 Episode 6

On today's episode of Great Points, Matt addresses a common question: does it make sense to help an adult child to purchase a home?  With Real Estate prices significantly outpacing inflation over the past few decades, gifting may be one pathway to help your child afford a home.  However, it's worth asking whether you can reasonably afford to help and--maybe more importantly--if you should.  Matt walks through some of the considerations to make the right choice for you.