When traditional banks can’t help due to strict guidelines and other numerous reasons, the Bank of Mom and Dad Come To The Rescue For Many Chino Hills Homebuyers.  A recent article discussed how more parents are helping kids buy homes. More than 68% of the people polled responded that they expect to provide financial support for either there children or grandchildren to purchase a home. In a previous post, I examined how one affluent businessman purchased a mansion for his college age daughter. Now don’t get confused, this trend is not just for the affluent. Working class parents are jumping on the bandwagon understanding that with prices as low as they currently are and interest rates at a low, there are bargains to be had. However, with the credit crunch and tightening loan standards, it is difficult for kids of baby boomers to afford homes without a little help. Parents are either buying the homes outright, furnishing the down payment or co-signing the loan. All is not lost when it comes to homebuying in Chino Hills and surrounding Inland Empire cities, there is just a new way of getting it done. Chino Hills CA real estate remains highly desired and co