how to buy a home for your elderly parents

Buy An "Owner-Occupied" Home for Your Elderly Parents

As our country’s adult population continues to age, some people in their twilight years are finding themselves with the need to buy a home closer to loved ones. Unfortunately, some of those people are not able to afford either a down payment for the home, or the monthly mortgage amount, or both.

Thankfully, there are some ways that you can help your parents buy a home if you desire and can afford to.

The options range from simply providing a bit of money for the down payment all the way up to buying the home on your own. This article will show how these options work so you can make the best choice for you and your loved ones.

Buy An "Owner-Occupied" Home for Your Elderly Parents


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Written by madisonmortgage

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