Welcome to a special miniseries of That Backyard Property Podcast! In this episode, dive into the realm of mortgage home loans with ideas on how parents or family can assist in buying a home. We explore four common methods: gifting, favourable purchase, co-purchasing, and acting as a guarantor.
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TIMESTAMPS:
00:00 Introduction to the Miniseries
00:24 How Parents Can Help You Buy a Home
01:01 Option 1: Receiving a Gift
02:35 Option 2: Favourable Purchase
04:15 Option 3: Purchasing Together
06:53 Option 4: Using a Guarantor
08:01 Key Considerations for Guarantors
13:59 Benefits of Having a Guarantor
14:53 Conclusion and Final Thoughts
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Produced by Podwave Studios
