Owning a home is a hallmark of the American Dream as well as one of the best ways to build wealth. In fact, the average homeowner has 40x the net worth of renters and $299,000 in equity. Many younger generations, however, feel this is a dream out of reach. But what if there was a way you could help those in your family get on the ladder to homeownership? By tapping into your equity and offering them a gift, loan, lease or trust to buy their own home can help them start creating their own generational wealth and a brighter future.
Data Source: Buffini & Co
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“Alex Saenger and the Saenger Group are Top 1% Maryland Real Estate Agents serving the Washington DC Metro area. We are licensed Realtors based in Rockville, MD at Keller Williams Capital Properties.”
