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Money and Finances
Reply to "Family wants to give $ for house down payment- WWYD?"
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[quote=Anonymous][quote=Anonymous]Tell them it's like an investment in the house, and when you sell, you will repay it with a percentage of the gain. Or at least that's how I'd frame it with DH. I agree with the PP that says it depends on your family. My parents gave me a lot for the down payment but have never mentioned it. We also had enough for 20% down but the extra money from my parents lowered our monthly payments to an amount we were comfortable with. [/quote] PP here-- this was 10 years ago too-- so never once have they mentioned it in 10 years. Meanwhile, DH borrowed a small amount from his dad (who is a millionaire) and his dad mentioned it weekly until he was paid back. Of course we already knew this about DH's father and I would never take a penny from him. [/quote]
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