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Rules for using gift funds for down payment

Rules for using gift funds for down payment

USDA loan USDA loanlike VA loans, usually no down payment is required. But if you decide to put down your money or cover up other Close Feeallow gift funds. Genius money will not be counted as required qualified funds Financial reserves. Like other loans, these funds...
We bought a home in AR Fayetteville: Top 5 companies

We bought a home in AR Fayetteville: Top 5 companies

Most of the Fayetteville rules we buy homes for cash companies, which means they will give you about 70% of the repair value (ARV) of the home, then deduct its estimated repair costs. Here is an example of a simplified formula: (Your ARV x .70) – Repair cost To...
Fawkner: Offer 60k at auction $60k

Fawkner: Offer 60k at auction $60k

Hamza Ali of Ray White Coburg and buyers of Fawkner 72 William St after the home was sold over the weekend. A Fawkner home that once lived in Italy-Australian families sold unexpectedly for six decades on Saturday. Hamza Ali of Ray White Coburg said the circa 1965...