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re: Purchasing a home from parent/family
Posted on 9/25/20 at 7:59 pm to MLSter
Posted on 9/25/20 at 7:59 pm to MLSter
With interests rates as low as they are now, I would keep it clean and just do a traditional mortgage. The lump sum of cash your parents will get, as long as they invest it in something other than a savings account, will be more than any discount interest rate you would be paying.
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