My son is 29 years old. He & his wife both have good jobs, they are renting a home.
Well, the homeowner never paid his mortgage and from what I understand, the house is on foreclosure? I'm not entirely sure of the situation but, they have to be out by early Feb.
His wife is 3 months pregnant & they are going to purchase a home. He asked my husband to lend him $10,000 to help with the down payment.
I know they will pay it back however, at 29 I don't think we should be "supporting" him or "helping him" at all.
Thoughts?
Would you still lend your kids the money?
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