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Parents buying homes for kids / funding downpayments

 
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Richthofen



Joined: 02 Apr 2014
Posts: 69

PostPosted: Tue Jun 03, 2014 2:45 pm GMT    Post subject: Parents buying homes for kids / funding downpayments Reply with quote

I've seen a lot of young couples going to open houses with their parents. I'm under the assumption that the parents are funding a portion or all of the house price.

Has anyone seen this trend or is familiar with it? My wife and I would never bring our parents into an open house, mostly because we're already adults and kind of don't need their approval. And they have no money to give us Very Happy
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