Ask Jennifer: Buying and Selling Homes

It's crucial to understand how to get the most bang for your buck when it comes to buying and selling homes.

Jennifer Lane, certified financial planner with Compass Planning, joined NECN's business show to answer your questions regarding the strenuous process.

Nancy from Bellingham, Massachusetts wrote: I retired a few years ago and I'm getting tired of maintaining my home. My daughter is expecting a baby. What's the best way to transfer the house to her family so I can move?

Lane says when it comes to selling within the family, one must determine how much money is needed up front and whether the family member can hold a mortgage.

Lane answered additional questions on living within the suburbs and home maintenance strategies.

Would you like to ask Jennifer a question? E-mail them to jennifer@www.necn.com.


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