Remodeling help
Remodeling help
The Nobles
Name: Melissa Noble
Hometown: Long Beach, Calif.

Melissa Noble was barely out of graduate school and working as a social worker for Los Angeles County when her folks sat her down, broke down all of the numbers and showed her that it really would be possible to purchase her own home.

"Buying my own home was completely my parents' idea," said Melissa Noble, 28, who had been renting an apartment in Long Beach at the time. "Of course I always envisioned this for my future but never thought it would be possible at this age."

Her mom Shari, a loan officer, was financially savvy and both parents knew a lot about home buying, property taxes and the like.

"Once I could see this idea laid out in writing for me, I realized that this might be a good idea after all," she said.

Melissa was able to find a two-bedroom in a nice part of Long Beach for $199,900. It needed some work, according to her Coldwell Banker real estate agent, Jim Crotwell, but her dad was glad to help out with that.

What really made it possible was that they provided a big share of the down payment, which Melissa intends to repay. The experience has brought the family closer together.

"I feel like this process has made our relationship stronger," she said. "I have always appreciated my parents but the way that they helped me through this and supported me every step of the way, just gave me an even greater appreciation for them. I love my parents and couldn't have done this without them!"


By Les Christie @CNNMoney - Last updated December 12 2011: 11:49 AM ET
Super young retirement savers

Older Americans who haven't saved enough for retirement could learn a lesson or two from these young retirement savers

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.