The Bank of Mom and Dad

Homeownership signifies that you have become a fully functional adult. You’re no longer a child or immature. Also, homeownership indicates that mom and dad have money. A new study reveals that 27 percent of first-time homeowners received money from relatives or friends for their down payment, up 24 percent from last year and likely to…

SOTW Roundup: 6/30/2013 – 7/6/2013

I hope everyone had a great 4th of July! Like those of you who are not in the United States, Thursday was no different than any other Thursday for me. Well, unless you’re in Egypt, in which case you were probably celebrating a new moment in independence. While my fellow Americans were celebrating their independence…