Reply to Buying a first home - did you get the downpayment from your family?

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[quote=Anonymous]My parents are very wealthy, however I probably won't see much of that money and I am fine with that. I paid for my undergrad and graduate school via scholarships and loans. I had jobs all through school to pay my living expenses.  I paid for my own wedding, except for a few things my parents offered (like the church fee which was $500, some booze they preferred, etc, probably was around $5000 total they contributed which was very much appreciated).  We agreed to use one of my parents as our agent, so that parent kicked us back as a "gift" a portion of the buyer agent commission that equalled about $10,000 to be used towards closing costs, but we still could have bought the home without it as we saved for years to put 20% down.  I had my first job at 13, my parents took me to the courthouse to get a work permit.  I thank them for instiling in me a good work ethic and value of money.  I don't resent others who had their college, down payment or living situation paid for in the past or in the present.  It really isn't any of my business.[/quote]

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