Are you engaged to be married?
Already dreaming about buying your first home in the Ann Arbor Area?
Did you know that FHA allows you to set up a Bridal Registry Savings Account for your guests to donate money into for your down payment?
Gee, I wish I had known about this last year when my daughter got married.The intent is to give couples planning to get married the opportunity to amass monetary gifts from friends and family for the specific purpose of making the down payment on a home.You can read the HUD letter here on Setting up a Bridal Registry Savings Account.
This program is also available for marriages the second time around.
Post from: Ann Arbor Real Estate Talk
Downpayment Assistance in Ann Arbor When Getting Married
This is great. Down payment assistance programs can really help you to have and achieve your dream house. Down payment assistance and community redevelopment programs offer affordable housing opportunities to first-time homebuyers, low- and moderate-income individuals, and families who wish to achieve homeownership.
Down Payment Assistance