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It), be sure you know the rules around gift funds if you’re lucky enough to get down-payment help under the tree this year (or generous enough to give. It’s never as straightforward as handing more than a wad of money with an email that says “Happy Holidays! Here’s a something that is little your brand-new house.”
Advance payment present funds must fulfill particular needs or the gift giver and face that is recipient down the road. From composing a gift page to guidelines around repaying present cash, listed here are fundamental facts homebuyers and donors should be aware.
