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Reply to "If your parents gave you a money to buy your first home"
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[quote=Anonymous]When I got engaged my dad told me that he had $50k put aside for each of us kids and we could use it for a wedding, a down payment or whatever we liked (within reason - one of my siblings used it to help pay for grad school, for example). I used $25k to put towards our wedding, so when it came time to buy a house a few years later, I knew that other $25k was available to us. My husband's parents on the other hand - it was only when we told them we planned to start looking for a house that they told us they would like to gift us $100k towards the down payment. It was a total shock to us (but obviously a very welcome one!)[/quote]
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