Buying a Home From a Family Member
| |

Buying a Home From a Family Member With a Gift of Equity

ByGustan Cho Posted on

This guide covers buying a home from a family member with no down payment or closing costs with a gift of equity. Buying a home from a family member is becoming more and more common. Homebuyers can get a discounted price on a home by buying a home from a family member. This is a…

Gift Of Equity On Home Purchase
| |

Gift of Equity on Home Purchase Mortgage Guidelines

ByAlex Carlucci Posted on

In this blog, we will cover and discuss the gift of equity on home purchase mortgage guidelines. Many people want to keep the family home in the family. When the parents retire and downsize, mom and dad want to sell the home to one of their children at a discount. What does the gift of…