Is it a good idea to loan your kids money to buy a home?

With the housing market being so hot especially in places like Seattle the younger generation is finding it harder and harder to buy a home. 

Some home buyers use their saving or 401k's to get into a home but the younger guys out there don't always have this option available to them. They need to be more clever about their down payment and sometimes turn to family to help them. Whether it is a loan or a gift there are different ways to go about giving them the money. 

An interesting article was published recently explaining the different advantages and disadvantages to giving your kids money for a home. It explains the minimum federal interest rate. It brings up good points on what makes more sense financially for you. If you would like to read more go check out the link below.

http://www.interest.com/mortgage/news/should-you-lend-your-child-money-to-buy-a-home/

Ballard seafood festival

Ballard Seafood Featival is celebrating it 40th year this year. Come on into the heart of Ballard and hang out. It happening Saturday and Sunday of this weekend. The weather should be perfect. There is tons of food to come enjoy and also lots of other vendors to support. The music should be great too. If you would like more info go check out their website seafoodfest.org You can see all the options as well as hours and directions. 

I mentioned the weather... Check out the forecast!!

If 88 is a lillte hot for you there are many restaurants with indoor seating around the festival. 

Whatever you choose to do I hope everyone has a great weekend! 

Happy 4th of July!

Hope everyone is having a fun and relaxing day. 

Happy 4th of July