4 ms·
I have been told from a Realtor that this is happening in the East Coast anyway. A lot of millennial couples/families buying their first house with a gift/inher
by sybercecurity 3y ago
I have been told from a Realtor that this is happening in the East Coast anyway. A lot of millennial couples/families buying their first house with a gift/inheritance from boomer parents. The parents sold their house and used the money to help their children buy their first house. Sometimes all cash, but more often a big down payment (over 20%) to avoid having a large mortgage payment.