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CAN YOU USE GIFTED FUNDS FOR DOWN PAYMENT OR CLOSING COSTS?






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Title :  CAN YOU USE GIFTED FUNDS FOR DOWN PAYMENT OR CLOSING COSTS?
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Description CAN YOU USE GIFTED FUNDS FOR DOWN PAYMENT OR CLOSING COSTS?



Comments CAN YOU USE GIFTED FUNDS FOR DOWN PAYMENT OR CLOSING COSTS?



Iz mark
 If gifted stock via transfer is sold 'years' later for a down payment require the same reporting? Even if It wasn't earmarked for anything when gifted? If original stock was sold/traded for other stock negate the requirement? Such an odd rulebrThanks btw subbed
Comment from : Iz mark


Bob Ingalls
 Can I sell personal items and have a handwritten receipt?
Comment from : Bob Ingalls


Miguel Ducasse
 Hmmmm nicequestions I'm short 3grand on the investment loan for the down payment can completely forgot of this process and spend the money on money on other things etc 😬😬 I do have the money or ways to getting the 3 grand but it's money I have in cash right now I haven't spoke to the lender yet but what are my options? Any creative thinking what's the worst that can happen?
Comment from : Miguel Ducasse


Davion Savant
 Hello can down payment and closing assistance cost be utilized at the same time ?
Comment from : Davion Savant


furqan Ahmed
 I have closing for my house within 30days Can I still get gift money into my bank account?brAlso can I get gift money from my three brothers separately or it should be only one gift money?brThanks
Comment from : furqan Ahmed



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