Setting a budget and saving money for a down payment can be a challenge, but a gift from a willing (and generous) family member can certainly help reduce the financial strain. However, before you head to the bank to make the deposit, there are some rules and requirements that you should know about accepting gift funds.
Buying a home is an exciting adventure that may also become a stressful life event, especially when delays throw plans off track. Follow these simple tips to avoid unnecessary delays and keep your purchase on schedule to ensure that you get into your dream home – on time!
When preparing to buy a home, one of the biggest factors for your mortgage is how much of a down payment you are able to put down. The larger your down payment is, the lower your loan and monthly payment will be. So, how will you save? Check out our 6 tips for saving for a down payment: