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[quote=Anonymous][quote=Anonymous]My neighbor did it. He put up the whole 20 percent downpayment for house for son when he was engaged. He put house in their name and sons name only without his future wife on deed. Was asset pre-marriage she could not touch.

Parents said pump out two kids and be married at least five years you go on title 50/50 with son and we will remove ourselves.

It caused resentment. Well I actually caused it as she came over yelling at me after she moved in about some fence issue. I told her have your husband or inlaws come by to discuss as a rather speak to the actual homeowners and not you. I poked the bear. Man was she screaming at her husband an hour later. Apprantly she did not know all the neighbors knew she was not on title or mortgage[/quote]

This is not a good story.  It's one thing to structure a financial gift to protect your kid, it's another to tell your son and daughter in law's neighbors that she's not on the title until she "pump[s] out two kids".  And the fact that you posted it without realizing how badly you come off in this interaction and the retelling is fairly cringe.[/quote]

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