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Betty Garey is one of The Top Selling Real Estate Experts™
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Ask Anything: Staunton, and Waynesboro Virginia home buying, real estate listings, and homes for sale in Augusta County, VA

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Financing Your Home >Financial Help

Escalating home prices often cause many first-time buyers to seek help from their families for the down payment on a new home. If your parents are providing financial assistance for the purchase of a home, it is important that you have very clear agreements with them about the conditions under which their help will be provided.

Sit down with your parents to discuss the details of the arrangement. Is the money they are providing a gift or a loan? If it is a gift, be sure to check with your tax expert to minimize the tax implications. If your parents are loaning the money for the down payment, how will it be paid back? Will there be joint ownership with an equity-sharing agreement? Will your parents be named on the ownership papers with you? Are special documents needed?

Whatever form it takes, parents who help their children buy a home give them an incredible gift!

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Q	What country of the world has the highest percentage of private housing?
A	Mongolia, where 100% of all properties are owner-occupied.
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Betty Garey, REALTORŽ, real estate agent and broker for Staunton, and Waynesboro Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Betty Garey, Broker
Real Estate III
17 Parkway Lane
Fishersville, VA 22939
Cell Phone: 540-569-6481
Fax: 540-886-5248
Business: BettyGarey@NUMBER1EXPERT.com
Personal: bettygarey@mindspring.com
A proven real estate leader demonstrating experience, capability, dependability and expertise in Waynesboro, Fishersville, Staunton, Augusta and Nelson Counties.

What a joy it is for me to assist home buyers and sellers in such a beautiful area of the country. Sharing with my clients the benefits of my 30+ year Real Estate career is most rewarding. I contribute my past success to hard work, dedication and quality of service to my clients/customers, repeat business, and my personal referral system.

Let me put my past experience as an owner of a real estate franchise company and as a consistent multi-million dollar producer achieving top awards and recognition on a regular basis to work for you. I hold a Real Estate Brokers license not only in Virginia but Tennessee and Georgia. My goal is to make a satisfied client/customer out of YOU. Contact me today for the service you expect from a professional.

Licensed to Sell Real Estate in the Commonwealth of Virginia

Betty Garey
NUMBER1EXPERT™ for Augusta County VA, Staunton real estate, Waynesboro real estate and Fishersville real estate in Virginia. Featuring Estates, and Upper End Properties in the Shenandoah Valley VA!

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