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6 September 2017 | 42 replies
You can also give them a gift certificate as a token of appreciation.
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3 September 2017 | 13 replies
It is possible but you're best bet is to work with an agent who 1). has a listing and 2). is willing to gift you a cash rebate at closing so you can pay for your down payment.
23 July 2018 | 0 replies
I am ok with having only my name on the loan, as long as only my name is then on the house, which my partner is ok with.We considered having him just gift me the funds, but I believe there is a tax incurred on gifts greater than $14k.
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7 October 2013 | 7 replies
I give away a gift certificate for a free pizza from one of the local quality places nearby.
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29 October 2013 | 22 replies
It was in CO and I don't know if that matters, but we did gift him $40k as down payment on the loan.RR
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7 June 2012 | 21 replies
I've also heard of Landlords sending fliers to the surrounding neighbors letting them know about the vacancy and offering a $25 gift card if they're referral rents the house.
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10 August 2010 | 4 replies
They are requiring that she put 5% down and that she can't receive it as a gift or borrow it.
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17 September 2010 | 2 replies
I thought the bank might follow the money as they do on gifts that are made for down payments or closing costs.
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28 October 2009 | 47 replies
Junior or Community Colleges for the first two years, living at home, summers working at a local mill, school terms working for minimum wage in bars, restaurants and gas stations to get by.Parents putting their kids through college isn't a gift.
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5 November 2009 | 6 replies
Furthermore, the 100k at no interest may constitute a gift, which is a taxable event (again, check with a good RE CPA or attorney).