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Nov. 18, 2024

Rent vs. Buy: Can Down Payment Help from Family Tip the Scales?

Rent vs. Buy: Can Down Payment Help from Family Tip the Scales?

Plus, what to keep in mind about the recent NAR ruling.

Rich Girl Lauren lives in an expensive city, and her parents are offering her some money—but she only gets the money as a down payment for a home and she’ll have to pay it back eventually. Is it worth it? And separately, how are home buyers affected by the recent NAR agreement?

We are not licensed professionals; please do your own due diligence.

Rich Girl Roundup is Money with Katie's weekly segment where Katie and her Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week.

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Transcript, show resources, production credits, and more can be found at: https://moneywithkatie.com/down-payment-help.

Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.

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