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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why didn’t you give your daughter 150,000? (Kudos to her for showing some independence!)[/quote] OP here. My daughter and her husband are both teachers for FCPS. My husband and I gave them 350K to make a down payment on a 525K house and they have a 175K home mortgage. My husband and I own part of the house but each year our ownership of the house becomes less and less until it becomes zero after seven years. After seven years, my daughter and her husband will be the sole owner of the house. We gave our oldest son 150K because he already saved up 300K and he preferred a smaller home and no mortgage. [b]My daughter is my husband favorite child and both my sons are very aware of this and they have no issues with that. [/b]They are very close to each other. Both my oldest son and daughters also travel around the world extensively before settling down. The difference is that my oldest son used his own money and we gave our daughter money to travel. The young brother seems to follow his brother's footstep but he plans on staying with us longer so that he can save even more money and help out his sister who does not make as much money as he does. I love having him around but seven years is quite a long time for us. My husband and I are thinking about living in Korea in the next five years. I am Korean and my husband is white. His girlfriend's father is American Indian and the mother is white. GF is also majoring in education so it might have influenced his decision to stay with us longer.[/quote] Trol[/quote]
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