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Adult Children
Reply to "Parental help with strings attached "
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[quote=Anonymous]You said in your OP that you want to move to another HCOL area and you want to buy a house for your family but cannot afford it on your current HHI. At your age, we were able to get on the property ladder thanks to an unexpected windfall and it has made a huge difference in our financial security today. You also are being offered a windfall to get you on the property ladder. If I got along well enough with my folks, I would take the money and buy a house that wasn't too close but in an area of the DMV we liked and had an excellent school pyramid. This does not preclude you deciding several years down the road that you want to move to your desired area. You will be at an advantage since you will build equity and the property will likely appreciate. [/quote]
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