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Reply to "parents helping with down payment??"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Who ARE you guys that people talk so candidly about money around you? I mean, I could see him saying "we had some help from our parents", but exact dollar figures and whatnot? I don't believe you. I'm from a wealthy circle and its almost like a game, who can hide their trust fund better as we all live lives that are below our means. [/quote] I hate to break this to you but when someone has no money for a down payment, they have to tell their parents the exact amount they need or they won't be buying a house. It's really not that complicated. [/quote] I think you are misunderstanding the PP. Sure you would talk finances with involved parents/family members- that's a given. But you would not have an open discussion with a random neighbour or other extended social circle, especially with critical details. It's unnatural. I would think the person who came out with the money talk was either very gauche or lying to give the nosy party what they wanted: some gossip.[/quote] Exactly. The OP isn't the parent or child who needed/gave the money, they are a friend or colleague. I don't believe OP.[/quote]
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