Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Parents assisting children with first house

photon · 01-03-2014, 04:41 PM

I did this backwards I guess. I didn't get any money from my parents when I got my first place (wife and I did it), but I helped my parents buy a house by providing the down payment, they just had to qualify and they hold the mortgage and make payments.

I figured I was going to have to pay for somewhere for them to live eventually as they got older (or have them move in!), so might as well get it over with

01-03-2014, 04:41 PM	#25
photon The new goggles also do nothing. Join Date: Oct 2001 Location: Calgary Exp:	I did this backwards I guess. I didn't get any money from my parents when I got my first place (wife and I did it), but I helped my parents buy a house by providing the down payment, they just had to qualify and they hold the mortgage and make payments. I figured I was going to have to pay for somewhere for them to live eventually as they got older (or have them move in!), so might as well get it over with __________________ Uncertainty is an uncomfortable position. But certainty is an absurd one.