Sometimes roles are reversed, and parents end up needing a hand financially. But what’s the best way to help a parent buy a home when they don’t have the financial means to do it themselves? It’s an interesting situation that Bob Johnson (AKA Bob Mortgage) came across recently. In today’s 15th BobMortgage Zone episode, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, Bob walks us through a situation that may sound familiar to some people, and how to save money when roles of child and parent are reversed.
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