Families
Buying a home for several generations of your family.
Many families buy together — parents, adult children, and grandparents under one roof or on one lot. Nina helps families plan the space, the budget, and how title is held, so everyone understands their role before they make an offer.
Talk with NinaMay be a good fit if…
- Several family members plan to live together or on the same lot.
- You want a home with an ADU, a junior ADU, or a separate living area.
- More than one person will contribute to the down payment or the loan.
What to know
Space and ADUs
California allows ADUs and junior ADUs on many single-family lots. Check city rules, permits, and any HOA limits before you buy.
Co-borrowers and gift funds
Family members can often be co-borrowers, and many loan programs allow documented gift funds. Each program has its own rules.
How title is held
Joint tenancy, tenancy in common, and trusts each affect ownership and inheritance differently. Ask an attorney which fits your family.
Questions worth asking
- Who will be on the loan, and who will be on title?
- Can the property add an ADU, or does it already have a permitted one?
- How will costs be shared, and what happens if someone moves out?
Frequently asked questions
Can family members buy a home together?
Yes. Family members can be co-borrowers and co-owners. Lenders review each borrower's income, credit, and debts.
Can parents give money for a down payment?
Many loan programs allow documented gift funds from family. The lender will ask for a gift letter and proof of the transfer.
Does an ADU add value?
A permitted ADU can add living space and flexibility. Its effect on value depends on size, quality, permits, and local demand.
Want advice for your situation?
Nina Tien, California real estate salesperson, DRE #01420365, licensed under Century Financial Group, Corp. (DRE #01930905). Educational information only; not legal, tax, or financial advice. Timelines and results vary with the property and market. Contact: 714-276-0960.