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Vaaag t1_j01822z wrote

Reply to comment by Graviton_Lancelot in I’m Cornelius Hurley, academic, lawyer, 14-year director of a Federal Home Loan Bank. Ask me anything about the FHLBs. by ProfBU

>When you're buying your first house, you don't even know what questions to ask. Nobody is really there to help you through it, they're just there to get another day of their jobs done just like the rest of us.

I took one of my parents with me at every stage of house buying. They've done it 4 times at that point. After 35 years of home maintenance they know that to look out for. My mother asked questions I wasn't even considering. But they were good questions.

I went to the mortgage advisor alone. But discussed the results with my parents.

I think most people will have parents, uncles/aunts or good colleagues that would be willing to go through the above with you.

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obsquire t1_j01r9pa wrote

It's a good idea, but a big ask. Many families aren't that tight, and it's not the kids fault.

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computerguy0-0 t1_j02c2z1 wrote

You need to understand that you're extremely lucky. I do not have friends, family, or parents well versed and I had to learn everything myself. Now I am the one that friends, family and parents come to for advice.

My parents are college educated with decent middle class careers. They are absolutely clueless.

I'm a massive proponent of an entire year of high school being dedicated to life skills. People always say that's the parent's job but if that's what they've been saying for the last hundred years how many hundreds of millions of adults have come out clueless, because their parents were clueless?

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