infolio

Chapter 8 - The house down payment

The insults became worse when Sonia reconstructed my prior transfers.

Brian and Melissa bought the house five years earlier.

Purchase price:

$465,000.

Down payment:

$93,000.

Where did it come from?

Brian:

$28,000.

Melissa:

$15,000.

Me:

$50,000.

Gift.

Properly documented.

I did not own part of the house.

I did not expect repayment.

It was a gift to my son.

Important.

Then closing costs.

I paid:

$7,800.

Gift.

Then two years later:

HVAC replacement.

I gave:

$11,000.

Gift.

Then kitchen remodel.

I contributed:

$17,500.

Again, not ownership.

Could I now demand every gift back because they humiliated me?

No.

A gift remains a gift.

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That did not make later unauthorized charges acceptable.

The legal problem had to stay precise.

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