closing cos: Should you give a down payment as a gift? - 12/07/10 08:47 AM
It’s that time of year again when people are running around trying to find the perfect gift for their loved one. With home prices and mortgage interest rates at all-time lows, you should consider giving the gift of a down payment instead.
There’s a great article at CNNMoney.com with details on when it make sense to give a gift of down payment money, compared to lending the money or cosigning a loan.
If you are a first-time homebuyer who is hesitant because you don’t have the funds for a down payment or closing costs, you can turn to your family for … (1 comments)

 
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Raquel Mangual

When you need to sell, just call Raquel

Philadelphia, PA

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Superior Real Estate Philadelphia LLC

Address: The Lighthouse, 152 W. Lehigh Ave, Suite 303, Philadelphia, PA, 19133

Office Phone: (215) 995-3098 x 700

Cell Phone: (267) 918-3691

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When you need to sell, just call Raquel! Get the real deal on the ins and outs of selling real estate in Philadelphia, as well as buying real estate for your personal use or as an investment.


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