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Reply to "Buying a first home - did you get the downpayment from your family?"
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[quote=Anonymous]Hello there. I'm one of those development workers earning in the mid 70s. My husband's salary is significantly higher but came into our marriage with a lot of debt and very little savings (all of which has changed now). When we bought our first house together we used money I had inherited from grandparents when they passed away. I think they left me about $100k in 1996...which grew...and then shrank. Total value was about $150k in 2009 when I sold off about 50% of the investments to put down a down payment on our house. Purchase prices was 465,000 and I think we put down 15%.[/quote]
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