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.
The Millennial generation is vastly different than previous generations, and it has affected many aspects of our society. Millennials’ lifestyles and preferences have even started to alter the real estate world. Let’s take a look at how Millennials are shaking up the housing market: