I was a first-time buyer, so I was eligible for an FHASting 48 years of 1971 2019 signature shirt mortgage, which had a very low downpayment requirement of 3%. I was very excited because that was a much lower number than I had expected. I could manage to come up with 3%. My realtor said I should also expect closing costs of about 3%, but that I should be prepared for up to 5%. Nervous, I called my parents to tell them about my house-hunting, and with both parents on the phone, I asked them if they would be willing to loan me $3,000 so I could be sure to have enough money to pay for closing costs and moving expenses. They were surprised that I wanted to buy a home, but after some discussion, they agreed to loan me the money. (Note that I asked for a loan, not for a gift of the money. I made it clear I would pay them back.
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Returning to my rented apartment, I calledSting 48 years of 1971 2019 signature shirt my parents to tell them the good news. Before I could even say anything, my father told me that he and my mother had been discussing my potential homeowner status, and they had decided that they would not loan me the $3,000, because they felt that it was too risky for me to buy a place, the market was unstable, I might not be able to handle the responsibility, and several other, extremely hurtful “reasons.” I was completely stunned. All of my previous excitement suddenly turned into a giant lump of lead in the pit of my stomach. I felt sick, lightheaded, thinking of the six-figure contract I had signed an hour earlier. My legs were.