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Money and Finances
Reply to "Buying a first home - did you get the downpayment from your family?"
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[quote=Anonymous]We were trying to buy at the same time my inlaws were downsizing, so they gave us some of the profit from their sell--about 50k. My side of the family does not have a the attitude (or money) to do that, so at first I really pushed against it. But, I don't know, my thinking has softened. It's more like a cycle, you know? They want us to feel stable so we stay close and they can see their grandkids. It also loosens up money so we can save for our kids college and help them out. And I feel obligated in a familial sense to take care of them in their old age (which can equal some serious $$$). And it was not coming from a handout sense, but from more of this being "our turn" to raise a family. I don't know. I think unless you come from some serious money, it's always going to be complictaed to figure out how to live in the place like DC. [/quote]
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