Dear Auntie Linda, Β My parent are in their seventies. Β I am their only child. Β They are more than comfortable. Β My husband and I have two children. Β Weβd like to move into a better school district but would really struggle to make the payments. Β Iβve asked my parents but they donβt want to loan us the money for a down payment. Β I am hurt, since I am their only child and heir. Β Is this selfish of me? Β Only Child
Dear Only, Without knowing the whole story, itβs hard to say. Β Your parents may have every penny tied up. Β Maybe, like me, they donβt loan what they canβt afford to gift. Β A loan, not repaid, creates hard feelings. Β Itβs always better not to go in too deep. Β Your parentβs money, however much or little it is, is theirs to do with as they please, not something you are entitled to. Β They mayβ¦
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