FOR BUYERS: USING GIFTS FOR DOWN PAYMENTS
Using a gift for a down payment is wonderful a idea for family members to help out a first time buyer. However, because of market crashes in the past, it’s now a bit harder than just writing a check. I found an article that gives buyers an idea of what to expect if this is their plan. As an Accredited Buyer’s Representative (ABR®), it’s my goal to make sure you are as prepared as possible for the home buying experience. Let me know if you have any questions. I look forward to working with you!
http://enews.realtor.org/a/hBVVRrjB8f9S7B9BofnAABm2930/reba7