if my parents is gifting the whole 20% downpayment for me, will it matter how much i have in my bank account?
Did you put a downpayment on your house? My husband and I are in the process of buying a new house with no downpayment. Needless to say the monthly payments are quite hefty. We'd like to know how other people can come up…Gift of Equity vs Cash Gift I hope that someone can shed some light on this! I'm preparing to purchase a home from a relative. The sale price will be approximately 30-40K less than the appraised value. Relative is willing to…What will happen to the downpayment on… I'm planning to lease a car. Usually, there's a downpayment, for example $ 2000 downpayment, $ 200 monthly payment. Will I able to get the $ 2,000 downpayment back or perhaps use it if I'd…
or is it better if they deposit the money in my account and let it season for 2 months?
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