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Wealth Tracker: Buying a property for your kids? There might be more risks that you think
Manage episode 502574745 series 2467889
Buying a home for your children can feel like the perfect way to give them a head start, offering security, stability, and freedom from hefty mortgages.
But it’s not always straightforward. Property experts warn of hidden risks, including divorce disputes, ownership complications, and legal definitions of a matrimonial home.
What do parents need to know before making such a big move? Are there safer ways to support their kids without tying up millions in real estate?
On Wealth Tracker, Nadiah Koh speaks with Nizam AR, Associate at ERA Realty Network, to find out more.
See omnystudio.com/listener for privacy information.
4937 episodes
Manage episode 502574745 series 2467889
Buying a home for your children can feel like the perfect way to give them a head start, offering security, stability, and freedom from hefty mortgages.
But it’s not always straightforward. Property experts warn of hidden risks, including divorce disputes, ownership complications, and legal definitions of a matrimonial home.
What do parents need to know before making such a big move? Are there safer ways to support their kids without tying up millions in real estate?
On Wealth Tracker, Nadiah Koh speaks with Nizam AR, Associate at ERA Realty Network, to find out more.
See omnystudio.com/listener for privacy information.
4937 episodes
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