The number that actually stops your kids is not the one you think
Ask a parent why their adult child is still renting and you will usually hear about the down payment. It is the number everybody knows.
Run the arithmetic on a starter home in the Sacramento area and a different number turns out to be the one doing the damage. Not the price. Not the rate. The years.
Seven to ten years
That is roughly how long a typical first-time buyer needs to save the cash to close on their own, once you include the down payment and closing costs. Not the mortgage payment, which many of them can already carry. The pile of cash required to get to the table at all.
Which means family help does something more useful than adding money. It removes years. Every one of the forty ways covered at this seminar is really a different way of buying back time.
The years are not free to wait out
While a family waits, rent gets paid to somebody else and the equity that would have built goes to a landlord. That is not a small loss. It is the exact wealth the parents generation built by owning early, going to a stranger instead.
The whole list, in one hour, on August 27
Forty ways, twelve covered in depth on stage, and a broker, a lender, a CPA, and a trusts and probate attorney answering questions from the room. Free, in Folsom.