For many buyers, especially first-timers, saving for a down payment is often the biggest hurdle to homeownership. According to the National Association of Realtors, nearly 70% of first-time homebuyers ...

Imagine you have $50,000 to give to your daughter and her husband for a down payment on their new home. The question is, will you owe gift taxes because of your generous gesture? Despite popular ...

There is an exception when it comes to gift money for a down payment on a new home. Gift funds are widely accepted across today’s mortgage programs, one expert said. For many buyers, especially ...