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I highly recommend him!
When I decided to move to Duluth from the Twin Cities, I was fortunate to have Jim Ronding recommended to me as the best agent in Duluth. I was not disappointed. He knows the eal estate market and all its complexities. But beyond that, he is kind, patient, and fun to be with. I made several trips to Duluth and spent many hours with Jim going through homes, but I never felt any pressure to make a commitment. When I finally found the right house, he gave me the moral support I needed to make the transition. I highly recommend him.
Pat HelmbergerDuluth, MN
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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 |
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?
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| A |
The former estate of John Lennon in Palm Beach has two pools plus guest quarters. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
