Did your parents or in-laws gift you money to buy your home?

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Acrobatic-Key-127@reddit

A bit appalling honestly. Love the privilege of the assumption that those of us who don’t is a small enough number to be statistically irrelevant.

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SteveEcks@reddit

I rent in Los Angeles. If we stay here there is no possibility of ever owning, I'm pretty convinced.

If we leave LA, I'm still convinced we will never own a home.

BTW - that's ok. I don't really want to work on the lawn on my days off, suffer through a furnace failure in the dead of winter, taxes, interest, upkeep, maintenance, etc., etc.

It's sunny and 70 almost every day, and if something's busted the building owner fixes it. We're coming to terms with a different lifestyle than we grew up with, and so far it's really ok.

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I'm not even in a HCOL state like that although everywhere is getting too damn high. But I'm single, my mother is a widow from when I was like 5, and nowhere is there a "single person paradise" where you don't need a dual income to survive enough to consider buying a house. I'm lucky I can afford to rent, and I'm sure there's some landlord coalition forming somewhere to make that too hard too.

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ManiacRichX@reddit

I've been a renter since my parents kicked me out. I'll never own a home. Also in socal. Can't afford to move to another state so I just do my best to survive.

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puer_mendax_00@reddit

Why are there so many shit polls in this sub

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a_solid_6@reddit

Here ya go. I've provided a handy instructional video on how to handle posts that you don't like. You're welcome!

gif

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puer_mendax_00@reddit

Same for comments you don’t like lol

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a_solid_6@reddit

Nah, I liked your comment. It gave me a chance to have fun with gifs. Only one of us here was pissed off lol

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Healthy-Neat-2989@reddit

1st house. No 2nd house. No 3rd house after housing market exploded, we took an interest bearing loan from them. I hated every minute of it and we sold the house and moved to be done with that situation. Currently saving for next house and hope we’re out of the moving around phase, the answer will be no, and that’s that.

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LimerentLotus@reddit

I didn’t read the answers thoroughly. No, my parents were never involved in the 4 homes I have bought.

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rialucia@reddit

My in-laws sold us my husband’s late grandmother’s house for about 20% below its appraisal value, thus giving us enough gift of equity that the bank didn’t require a down payment. We also lived in the house rent free for about 15 months before closing, during which time I socked away the equivalent amount of rent that we had been paying at our previous rental. This was on top of a cash gift that said grandmother left to my husband when she passed. So, while they didn’t directly give us money, my in-laws still did a lot to make it possible for us to become first time homeowners at the tender age of 43 and 41.

Just about everyone my age that I know who owns a home got some sort of assistance from their parents.

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Lou_Skunnt69@reddit

Nope. But to be fair, affordable starter homes used to be a thing before this country got ruined by greed and private equity. There were plenty of homes for under $200,000 when I first bought. And interest rates were in the 5-6% range.

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rjcpl@reddit

No, got a no down payment 80/20 mortgage on a $100k house by myself at 23 when they(Countrywide of the subprime mortgage crisis fame) were giving mortgages for having a pulse.

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toweliectl@reddit

Parents offered to either pay for the wedding, or give us money for a down payment on a house. Still living in the house to this day.

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Asleep_Onion@reddit

My dad made the same offer. And then when the time came, he did neither one.

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Indubitalist@reddit

Holy crap, dude. I can only imagine the number that did on your psyche. Sorry.

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Asleep_Onion@reddit

The joys of being the youngest child... "Sorry, we don't have anything left for you after we helped your older siblings out so much"

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snarkerella@reddit

This sounds exactly like my parents and in laws and what they did to me. So many selfish Boomers.

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DefiantThroat@reddit

This was the same for us and the same offer we’ve made our eldest and his fiancé. At first they wanted the money for a wedding, but after 3 months of wedding planning they changed their minds.

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ADHDFeeshie@reddit

Same, it was one or the other and the house made a lot more sense. We got married in the backyard. It's interesting to me that paying for a kids' wedding is so normalized but helping with life investments like a house or education is seen as unusual.

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rearwindowpup@reddit

Haha, yeah right, joined the military my senior year of high school and used the VA loan to skip a down payment back in 2012, been in the same house ever since.

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UbiquitousBot@reddit

This. We just paid our off (my husband's) VA home loan... but without that down payment free loan we'd have never made it into this house in the first place.

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tearlock@reddit

We dropped our lease when it expired and moved in with them for a year rent-free along with our 3 kids so we could stockpile cash to make a down-payment on a mortgage. We had piss-poor income at the time as it was and when we did buy, it was only 1100 sq ft (though there is actually about 30% more than the 1100 listed but basement space doesn't get counted) and a short-sale at that at only $120k, but we still live there 14 years later, busting at the seams with a family of 6 (so yeah, we added 1 more kid after we moved in), but we have exploited every cubic foot of space in this place and the number of occupants will shrink very soon until there's just two or three of us in here. The value of the home has more than doubled, but as many homeowners know, it doesn't make a huge difference when so many of the homes in town generally cost a lot more than the value of the one you currently live in, so while upsizing would be nice it would just put us in a whole lot more debt, meanwhile we're still in a good school district for the kids to grow up in and we like our neighborhood.

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PapaDuckD@reddit

“No, but…”

My grandfather passed and he bequeathed some money to his only son’s children that was in the size of a down payment.

I believe my parents would have helped a bit, but it became unnecessary.

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AuntieBubba23@reddit

My mother cond me into helping my dad buy a house in 2007. They couldn't afford it and I knew they couldn't but my mom INSISTED that they could do it and I was young and you want help your parents. She wouldn't be on the mortgage because "I don't have good credit, but you do and I want to get the bigger house". She told me she would help pay the mortgage. She didn't. The housing market did what it did and my parents got behind on the payments. They tried to refinance but all they did was move the late payments to the end of the term. The monthly payments stayed the same. They tried to short sell it. But they couldn't because my mom wouldn't clean they house. She said if they can't imagine what the house looks like then they don't need the house. She moved out as it was in the short sell, leaving me to help my dad. She hightelled it out of there as it was getting worse. Needless to say it foreclosed. She didn't help with moving anything but what she wanted. And we had to help with that. I was stuck having to clear the whole house out and having to find a place so that my dad could come live with me. She eventually divorced my dad(more because he had a drinking problem). Whenever I would confront her about the whole situation she would blame my dad saying it was his fault and she did what she could. She did absolutely nothing to try and save the house. She was working but used the money to buy new computers and cameras. Not one bit of her money went to that house. Then she had the balls to say that my dad or I need to pay her rent. That started the end of my relationship with her. Before I was 30 I had a foreclosure on my credit. And she was trying to have me pay more for her life. I finally cut her off. When I was a kid she would take the money I earned from babysitting the neighbors kid to pay the power or gas. As I started to get older she would have me buy the Christmas gifts for my younger siblings. The house was the last straw. I refuse to be on anything with anyone when it comes to my credit. And now with the cost of housing I won't be able to buy my own home. I have great credit now but no way in hell will I have the down payment and afford the mortgage payment. I lost my chance trying to be the good daughter.

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867-53-oh-nein@reddit

We got a gift from my in-laws. They got a similar gift from their parents. We had saved some money on our own but it wasn't nearly enough for a down payment. But back in 2011 the housing market was in the dumps and we eeked out just enough to get an FHA loan on a short sale fixer-upper. Sold in 2015 to buy in a different location. When the pandemic hit and housing prices and interest rates sky-rocketed to where they are now I was shocked. We literally couldn't afford to pay the mortgage on our house if we sold and purchased one of equivalent value, even with all the equity we have, because the monthly payment would be almost double.

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Funkopedia@reddit

those broke asses?

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elphaba00@reddit

They did give us money, but it was way back in 2002, and we bought a house in a small rural town. I think their money + money (presents) from our wedding came to about $5000.

My parents are comfortable, but they will give us like $300 at Christmas and act like they gave us 20K. Most of my in-laws' money goes to my sister-in-law, but she has actually has far more than we do.

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Holmes221bBSt@reddit

Yes. $5k to help towards a down payment

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SadAbbreviations1844@reddit

Personally, as well as the majority of folks I know, rent but everyone I know who owes a house did it will help from parents.

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baybridge501@reddit

Probably very region dependent. Living in an expensive metro area where starter homes are $500k-$1M, this is likely to be most people.

In medium or small town USA, likely a lot more homeowners in the millennial category. Definitely noticed this between TX and CA.

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Indubitalist@reddit

Yeah, this was definitely the case with Orlando. Pre-Covid, it was affordable and a lot of people were buying their first home here. Post-Covid, so many homes were snatched up either by remote workers or mega corporations that the price of housing doubled in like 5 years. Our economy is not based on these housing prices. Incomes don’t match up. If you weren’t on the owner train before Covid, unless you brought big city money here with you, you were out of luck.

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DasKittySmoosh@reddit

Absolutely this

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bagofpork@reddit

No way.

I bought my house myself... from my in-laws... at a discounted price.

*Sigh*, you right.

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anythingspossible45@reddit

Paid back with interest

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cruisethevistas@reddit

They gave me 10k.

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mellow-drama@reddit

No but my dad's military service got me an account at Navy Federal, which got me a no-money-down, no-PMI mortgage without which I would never have been able to afford a house.

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PilotC150@reddit

I got something like that through Wells Fargo for my first house. It was early 2008. Turns out that was a horrible time to buy a house.

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9_of_Swords@reddit

My husband and I got out house with a VA loan, but his grandparents loaned us the closing costs because the seller wouldn't let us roll it into the loan.

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PilotC150@reddit

What say does the seller have in that? Wouldn’t that be 100% the decision of the lender?

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PilotC150@reddit

I said yes, but it was actually my wife’s grandparents who gave her the money. I don’t remember how much it was.

We built our house in 2013 and got a fixed 3% interest rate. PMI dropped off when we got \~20% equity and I used that savings to finish the basement.

Still have 17 years left on the mortgage, and at 3% there’s no way I’m going to overpay to pay it off early.

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Woad_Scrivener@reddit

My wife's grandparents. One of the grandkids needed 10k for something, so they gave all three grandkids the same amount. We used it for the down payment.

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YearofTheStallionpt1@reddit

Not a parent, but an older, childless relative who had nobody else’s to leave money to. It was just enough for a down payment. And that was 25 years ago.

I also want to point out that some people in the family called this “a starter home” whatever the fuck that means, because we are still here. Do I get a nicer house later or something? Lol

But honestly, I am just glad to have a house. Been going through some major repairs and replacing old appliances lately, so that sucks, but the alternative sucks way harder.

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Abileewho@reddit

My parents bought appliances for us. But did not contribute to a down payment. Super appreciative of the appliances it was really nice to have fresh new ones.

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MioMine78@reddit

My grandparents gave my parents the money for the down payment of their first home: Now my parents are millionaires, but say I won’t receive a cent.

For that reason and others, they will not receive any assistance from me when they will need end of life care.

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a_solid_6@reddit

Is there a story there?

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MioMine78@reddit

Nah. They’re just the quintessential narcissistic boomers.

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snarkerella@reddit

I can 100% relate.

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Potential-Budgie994@reddit

I chose other because I had an inheritance from my grandfather that was earmarked for my education, after getting my BA there was some left over and I didn’t want to pursue a masters so I used the remaining funds for a down payment. It was about 20k (the year was 2004).

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HomebodyDream@reddit

Yes, at 41. And the down payment assistance I received will be subtracted from my inheritance to “make it fair” to my brother. Now my younger brother was allowed to live at home after graduating college for years to pay down his loans and save before moving out (let’s say lessons were learned).

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productofyourinviro@reddit

My dad started buying silver and gold when silver was 4 dollars an oz. My younger brothers stole it and put it in coinstars around town. My dad started investing with the gold shop instead and was doing so good on paper that he sold the rental house and trailer park he owned and gave all the money to the gold guy. One day he got his investment total of the year and had close to 6 million. Asked me if he gave me my one million now what would I do with it. Then the police raided the store because it was all a scam. My dad lost it all. He survived cancer and just turned 70. He is still running his firewood business to make ends meet. My only hope is I dont end up paying any of his debt. My starter home turned I to my only home.

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Cast2828@reddit

In laws gave my wife her inheritance early since she could use it now. We were able to afford our place, it this just made it a lot easier.

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SMDmonster@reddit

We very bequeathed money from my GMIL after her passing.

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Weird_Anteater_6428@reddit

I mean, I was prepared to buy it with no help. My parents died, so I got money and used it for down payment and some maintenance items

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Zestyclose_Market787@reddit

No, but they rent us one of their ten properties at the original loan rate rather than jacking up the rent to market rate. My own parents love to joke that they’re spending my inheritance on cruises.

Ostensibly we will inherit everything. Ostensibly.

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MetalEnthusiast83@reddit

We did not have any assistance buying our house.

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SerenityN00w@reddit

No. But I bought in 2010, when housing prices were still low, so I didn't need it.

And they helped me out by letting me live with them (they were separated) after college. Dad charged me $100 per month for the first year and $250 (?) per month after that. Mom didn't charge me anything.

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According-Talk-5194@reddit

We were lucky (such an understatement) enough to purchase a home in a major city just before prices skyrocketed in 2007 without any financial help from family. In 2017 we moved to different part of the city since we had 2 kids and needed a larger home to supportour growth. We bought the new home before selling the old one and needed $50K for the down payment. This is where my parents and in-laws came in and lended us $25K each. Once we sold our home, we paid them back immediately.

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Faechylde@reddit

We didn’t have financial help to buy the house, but after purchase my parents helped pay to update the kitchen and put in an HVAC system. So technically no, but they did put money into our house once we were house poor

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PoolNoob69@reddit

Kind of. My grandfather set up some kind of life insurance policy that I was able to cash out when I bought my first home. Netted me about 4K towards a down payment.

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Patient_Character730@reddit

My in-laws gave us 14k for a down payment on our first house. They set us up for success. We bought that house in our early twenties and lived there for sixteen years. When we moved we sold it for double what we bought it for and that helped us get a great house in another state. Thanks to them gifting us the down payment money we were able to buy a house, build equity, and are doing well. We hope to be able to do the same for our kids one day.

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Plane-Match1794@reddit

I budgeted and saved and bought my first house at 27 for $220,000. Since then all my new houses have just been bought with the growth in equity from the first house.

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Cattle-egret@reddit

Nope. My boss, not a whole lot ($5,000) but it made it easier to buy th house we wanted at the time we wanted.

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no_clever_name_yet@reddit

I joined the damn army for my house. AND MY EARNEST MONEY CHECK WAS BAD. Thank god it wasn't ever cashed.

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After_Match_5165@reddit

Other - I still rent.

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Darkest_Rahl@reddit

My boomer parents never game me anything substantial until they had to bail out my brother of trouble. They got me a computer for university, no other financial assistance. No help with home.

They focused entirely on their retirement savings as I was growing up. We did things, sure, but we basically lived like a single income family even though they both worked full time.

Now they're spending like crazy, but again only on themselves. They moved away from my family and their grandkids to go live in wine country.

It's left me feeling like I did something wrong my whole life, or that they didn't really want me or my two brothers.

Sorry for off topic ranting. The question triggered internal issues. I really should seek a therapist

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eat_like_snake@reddit

They're dupposed to have the money for that? Lmao.
Foe that matter, I'm supposed to have the money for that?
You high?

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Resident_Lion_@reddit

who are you 100 and growing heathens who had parents gift them money?
gif

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moles-on-parade@reddit

We put together a 5% down payment when we bought in 2010. My folks, unsolicited, kicked in enough to make that 10%. They said it was because they'd had similar help 35y prior when they bought their first house. My parents always tried their best to do right by me and my brother, even when we didn't understand or agree, and they were always relentlessly fair; I was real lucky.

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LuisMataPop@reddit

I'm betting "no" is winning not because people bought their homes without any help but because they don't even own a property

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kl1n60n3mp0r3r@reddit

Ha! Everything we have my and I worked our assess off for! Neither of our parents ever gave us anything except childhood trauma.

It took us 10 years of living far below our means and driving a shitty 30 year old car, not eating out, etc etc to save up for our first starter townhouse. Then in 2023 - we sold it at the peak of the market and then bought our detached forever home.

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59apache01@reddit

In our case, no. Wasn't because they didn't want to, but none of them had any money to spare.

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Willing_Actuary_4198@reddit

Where is the I'll probably never own a house option?

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LivingCamel3326@reddit

My MIL sold her home and we sold our row home to buy a larger home for all of us in the country. She paid the down payment. I had the credit and salary for the mortgage. She doesn’t pay anything since she took care of the downpayment. The upside is we could buy a home and she didn’t have to live alone as she’s in her late 70s. The bad thing is that she’s kind of a hoarder and cat lady. Trade offs.

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drifterinthedark423@reddit

My grandmother died and since my dad had passed the year before, I inherited enough money to put down for a modest house. My husband and I barely qualified for the mortgage on the remainder. Honestly, she probably would have written me out of the will if she had thought about it more. Anyway, feel lucky to own a home.

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SleepyDoozer2@reddit

Yes - with strings. It was during Covid, I agreed to pay it back, and the parents got to help choose the house - conveniently between their home and their retirement camp, so I would forever be able to help with the upkeep on both.

I’m very grateful, but it was, like everything else, transactional. They “bought” my presence in the area for the foreseeable future and also requested a key to the house, since it was “part theirs.” If they have a fight, dad camps at my house for a few days.

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Im_all_booked@reddit

My parents let my now husband and I live with them for about 6 months while our house was being built. They did not charge us rent, so we could save money for closing and house necessities. They actually encouraged us to buy house, because when I told them the price of rentals in our area they were appalled. This was in 2002.

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icanhaztuthless@reddit

Everything I have is of my own doing.

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Intelligent-Camera90@reddit

Yes, and I realize how lucky we are. We also eloped, so had no wedding-related expenses. We bought in 2016, so rates were low.

My husband’s grandfather had given his sister what was essentially an interest free mortgage, which was forgiven when he passed away. My husband and got married a month after his grandfather passed (and had been together 7 years at that point). My mother in law felt bad that we weren’t able to take a loan from the “First Bank of Grandpa”, and gave us enough from her portion of the inheritance to put a down payment on a house.

She did ask us to go to a first time homebuyers class first and we had no issues with that. She also sent us listings for houses she wanted us to look at (near my husband’s sister) or recommended that we buy grandpa’s house or build a house on their land. Ultimately, my husband and I chose the house we wanted, but the money always felt like there were a few strings attached.

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Ok-Criticism6874@reddit

Don't have a house. I pay they're cell phone bill and bought them cell phones because they were scared of new technology.

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yamahowzer@reddit

I'm in the 'paid back with interest cohort' (still paying back, it was 2 years ago) and it was a hard sell, had to make a PowerPoint and give a presentation like I was at work, including teaching them about holding a loan as an asset and deferring capital gains from an investment property they had sold in the same tax year.

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pugincharge@reddit

We only got into our house because our landlord wanted to sell it to us cheap and there’s a no down payment program with NFCU. It was 2020 so we said sure, we can make it happen, it will be our starter home.

Even with our “higher” interest rate during 2020, this bitch is our forever home.

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Left_Maize816@reddit

My parents kept pestering me to buy a house, so I got into a new build back in 2003. Somehow I’ve still been there this whole time. I refied twice to get some equity out when I really needed some money, so I still have 12 years on the mortgage. My parents pester me about getting a bigger house and I told them last time that if I sell this house I could probably afford a very similar house.

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jtriomino@reddit

So my parents were in real estate and were all about personal mortgages to earn retirement income. My house was mortgaged thru my great aunt (at market rate). They ended up inheriting the mortgage from her.

But my house was an old property they bought to flip and were underwater on. I agreed to buy it, to help them out, and they promised to help me finish off. Unfortunately they had hired a hack contractor before I got ahold of it and also quit helping me with it fairly fast so... I got screwed and they got paid.

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odin_the_wiggler@reddit

Oh hell no.

My parents were both unemployed and on welfare throughout their lives. Nice people but never a penny to spare.

This is why I started working at 14 and haven't stopped since.

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Worldly-Yam3286@reddit

My parents bought a duplex. I rent one half. I am an only child so I will inherit it someday.

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ResponsibilityIcy187@reddit

No, but someone gave me an old tv stand and coffee table.

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ThisIsACompanyCar@reddit

Fuck no.

But I know quite a few who did receive assistance. In fact, most people I know got help from their parents or grandparents.

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ferfocsake@reddit

I had a first time home buyers loan. I don’t remember all the details but for some reason I had to have a minimum amount of money set aside in an account for expenses before the sale could go through at closing. My parents transferred 5 grand into my account a few days before closing so I could show the appropriate bank balance, then I transferred it back a few days after closing. I actually had the money saved up in cash from working odd jobs, but for tax reasons, I didn’t want to put that money in the bank.

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chainmailler2001@reddit

My wife comes from a country with a bride price. I had to buy my wife from my inlaws. No help from that quarter...

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gg7111@reddit

My mom makes it seem like parents helping their adult children is crazy and she talks shit about how her sister pays for her grandkids private schools, co-signed their mortgage, etc. I thought that way too. Now that I have my own kids I will do everything in my power to help them thrive.

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DasKittySmoosh@reddit

Yall are getting homes?

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Balthierlives@reddit

Look at you fancy people owning homes.

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ShakeItUpNowSugaree@reddit

I inherited my grandparents' house.

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cuentodetirar@reddit

I did get a small nest egg when I graduated college bc I went to college in state and had some scholarships, so they gifted me a modest account (maybe $20,000 at the time) that I could use how I wanted since I made a cost effective choice for college. Didn’t really use it for housing per se but did use it to supplement expenses now and again. Still have the account today and more money than I started with which is basically a “break glass in case of emergency” account.

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R0cky9@reddit

Veteran, we used my VA Home loan benefits. No money down approval.

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Weird_Squirrel_8382@reddit

My mom sold me my first house at a discount. She also matched our savings to boost our down payment on this house. My husband's parents did the same.

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Ok-Librarian5267@reddit

My folks never owned a home nor the money, fucking rich kids did and still do, well some of em, I'm guessing but to me not owning a home has been the way it is, now middle class are being treated like working poor, until a revolution in the lines of the French one happens things will only get worse.

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SaltBag666@reddit

I don’t own a home and I finally make 6 figures. I also live in Mass. I’d say 85% to f people I know that have bought a home since 2017 have had generous help from family, had to live with family to save, inherited a house, and all are duel incomes. And most are never upfront about receiving family help are are smug towards people like myself who don’t have family help.

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fenway-fan1982@reddit

Saved from age 23-43. Bought my first home last summer - on my own. (Canada)

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JaxxisR@reddit

Y'all's parents had money?

And a home?

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Primary-Strawberry-5@reddit

Other. Almost 50 and still renting

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star_b_nettor@reddit

In laws gifted land.

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rik1122@reddit

Never knew my father, and my mother died penniless at age 46 in 1998.

It still amazes me when I hear how much financial help people get from their parents, especially at our age. It's just something I can't really imagine.

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likesblackcoffeebest@reddit

No, I bought mine with a VA mortgage.

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NoTransportation9021@reddit

Does using my inheritance after my mother died count?

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jer1303@reddit

Kinda.

Parents died.

Paid off debt, had just enough left for the down pmt on the tiniest house in a small town.

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Not_a_werecat@reddit

Lol, my parents are poor AF.

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RandyArgonianButler@reddit

LMAO… Are you serious? I turned 18 and my stepdad was like, “Sink or swim dipshit.”

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redclover83@reddit

No but my grandmother did.

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hanshotfirst2233@reddit

I moved from the Bay Area in CA to Indianapolis in 2001. We built a new 1800 sq ft home for $122,000. $3k down. That same home in CA, even in those days would have been $1,000,000 easy. Way before the 2008 crash obviously

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reddit_time_waster@reddit

No, but my father in law has been an experienced laborer in helping me build a deck as well as fixes anything he comes across at my house.

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ohmyzomfg@reddit

no

I am renting, same as my parents. They also wouldn't have enough money to lend/ give me for a house.

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C250586@reddit

I've bought three houses in my life (42 now).

First was at 25 with a bonus from work as a partial downpayment.

Second was under market value (owner was my landlord), and third was by the skin of my teeth and was house poor for a few years.

Also had to buy out an ex last year, so also by the skin of teeth made that work.. I'm ok tho really.

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TheMoesky@reddit

I got some money from my grandma’s estate, which gave us just enough to reach our down payment we had already started on. Definitely helped but was not some windfall that made us rich.

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devilinthedetails@reddit

My parents helped with the down payment on my first house (2005), but nothing beyond that.

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the-cookie-momster@reddit

Gift... us? Money? They dont even visit

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bikeonychus@reddit

The in-laws did.

My parents, after 15 years of telling me there was 'some money for you' turned round and told me there was nothing. My mother even laughed.

We ended up using a government scheme to pay for $25k of our deposit.

I no longer talk to my parents, but this isn't the sole reason.

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OneHumanBill@reddit

I started supporting my mother in law way back when my main source of income was student loans.

May she rest in peace but she did not make it easy sometimes.

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GXP_2009@reddit

First house...no. 2nd house post split with daughters mother ...yea

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PopsiclesForChickens@reddit

Borrowed $5k from my parents for our first down payment in 2007 to pad what we had saved. Paid it back within a couple of years.

When my mother in law was alive, we helped her out financially.

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Pope_Squirrely@reddit

Nope. I provided the down payment for our house that the wife and I live in.

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LimeSalty4092@reddit

We bought our house in 2010 when I was 30

My parents didn’t kick in financially in terms of

They didn’t get involved with down payments or dealing with financing/the mortgage bank related stuff

However they did give us a check for $5000 to buy furniture

After the closing

Idk if that counts as helping us buy a house?

They gave a cash gift after we purchased the house but weren’t involved financially in the purchase itself

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Jonestown_Juice@reddit

LOOOOOOOOOOOOOOOOOOOL

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Rombonius@reddit

I was promised such money for years. My younger brother got a chunk to buy a home. I did not.

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Pink_pineapple_pizza@reddit

My grandmother was expecting an inheritance that she planned to split amongst her kids and grandkids. She fronted me part of what she was going to give me, and I just got less when the time came for her to split up the inheritance. That was two houses ago, though.

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One-Earth9294@reddit

Well I sure fucken envy the people who said yes.

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Haemwich@reddit

Yes, 10K in 2023.

We were ready to buy without their help then Mom tells me they set aside 10K for each of us for help. Would have been nice if they told us in 2021 when we started looking, prices and interest were significantly lower.

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TheBewitchingWitch@reddit

No, we bought our own home and we regularly give them money on top of hosting every holiday and paying for all special occasions like birthdays.

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KoRaZee@reddit

No, they paid theirs and I paid mine

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Coakis@reddit

Mother Bought the piece of property that both her and my house sit on. I've paid 'rent' for the last 15 years to offset her mortgage, with the understanding that the property goes to me when she passes away.

Without that being the case my credit and income would have never been enough to buy a place on my own.

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olduvai_man@reddit

My parents kicked me out at 16 and have saved functionally nothing for retirement.

Not sure how common it is but they never gave me anything.