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Adult Children
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[quote=Anonymous]If home ownership and real estate as investment is valuable to you and you want to share that with your children, absolutely HELP THEM. This is the type of family I was raised in, and my parents and grandparents each gave me a substantial amount of money as a college graduation gift that was dedicated for a down payment. I did not purchase my first home until I was out of grad school, but having that money available + an FDA loan allowed me to buy a house in an appreciating neighborhood even though interest rates were high. I am on my third home now and have been able to move up into a great neighborhood with excellent schools and a reasonable commute because of the equity made possible by that first downpayment gift.[/quote]
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