Gift down payment on home
This is a discussion on Gift down payment on home within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; Can a parent who gave you a gift down payment on home with letter stating gift to original mortgage co ...
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Jan 19th, 2009, 05:30 PM
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Gift down payment on home
Can a parent who gave you a gift down payment on home with letter stating gift to original mortgage co since refinanced 4 times and no copy of gift letter kept or able to get put a lien on home?
Thank you, Martha |
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Jan 19th, 2009, 06:46 PM
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#2 |
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Re: Gift down payment on home
I'm not a lawyer, but if this was a true "gift" then that would mean no repayment. I would say it is highly unlikely that a lien can be put on the home.
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