How Do You Handle Parental Involvement in the House Hunt?
When you are buying your first home, the feeling to reach out to mom and dad may be stronger for some than others. Should your parents be involved in the process? Are they local? Are they interested in being involved? Do they feel they need to be involved because they are making a down payment gift?
Parental involvement can be a blessing or a curse, all depending on how willing your parents are to be part of the process. In the course of house hunting, your agent will educate about many things. Market conditions are at the topmost important considerations when it comes to making an offer. If your parents haven't heard any of the facts and figures about market conditions, and give you contradictory advice to what your agent is suggesting, who do you trust?
The best practice is if you want your parents involved and they want to be involved, everyone should be hearing the advice the agent is giving.
Everyone needs the same information to give the best advice.