Co-Buying Real Estate for First-Time Buyers Event

OnApril 1st, 2023, The Community Relations Committee partnered with Nikki Merkerson, a former resident who was born and raised in Rochdale Village, and the founder and President of Pairgap Inc., The Rochdale Village Chase Bank location and Neighborhood Housing Services of Jamaica, to focus on co-buying real estate for first-time buyers. The event was a workshop setting that was held in the Club Lounge of the Rochdale Village Community Center. The event was well-attended by commu- nity members and attendees were able to gain valuable information on co-buying real estate with family, friends, or partners.

The workshop was broken down into five steps each covering an important aspect of the co-buying process. Step One focused on where to invest. Step Two focused on buying power. Step Three focused on finding co-buyers and how it increases buying power. Step Four focused on Pairgap’s Real Estate pre-nup, discussing co-buyer protections, the importance of a real estate pre-nup, and how to customize it to meet co-buyer needs. Lastly, step five focused on the importance of a home buying team and

how it can contribute to success.

Overall, attendees walked away with valuable information and positive feedback was received. Pairgap plans to break down the topics further that were discussed in future mini workshops, focusing more on the topics that people care about based on where they are in their process. The committee is looking forward to working with Pairgap to bring more of an in depth structure series of workshops to our shareholders looking to own real estate that will help with financial freedom for many.