Using Gift Money for Your Down Payment

If you’re receiving a down payment gift for the purchase of your next home, you’re not alone; many U.S. home buyers do it. Gifts for down payment can come from parents, grandparents, siblings, children, or even spouses on a variety of loan programs including FHA, VA, USDA, conventional, and jumbo loans. But you need to make sure that ...

Homeownership Privileges: Tax Breaks

With tax day is a little over a month away there is still plenty of time to take advantage of the various tax breaks available to you. If you purchased a home in 2013 you may be entitled to a number of tax deductions and credits this year. If you are a homeowner, you can ...