Says the team at Bradford Exchange, «Innovations in personal gifts is a secret
most gift buyers don't capitalize one.
Not exact matches
Choose a
gift card, it can be Amazon, Starbucks, whatever you think resonates
most with your
buyer market.
However, unlike
most loans that require the
buyer to provide that down payment, with an FHA loan the money down can come in the form of a
gift or a loan sometimes called a silent second from a relative, friend or private investor, making an FHA loan a true no - money - down deal.
But
most first - time
buyers don't know that the down payment can be sourced from a financial
gift or approved down payment assistance program.
The second
most popular source for first - timers was a
gift from a friend or relative (24 percent; 27 percent in 2015), and for repeat
buyers it was the sales proceeds from their previous residence.
So, if you have a rich uncle, give him a call —
gift funds are very common for
most first - time
buyers.