Asked by Michelle, Fairfield, CA • Wed May 28, 2008
Hi, my boyfriend and I are purchasing our first home and he is the only one on the loan since he has a phenominal credit history. We are both going to be on title so I was wondering if I could "gift" him or give him money towards buying the home. I was wondering if anyone knows how that works. We both have the money; except that mine are tied up in stocks that I am going to sell to cover the closing costs. Is this possible?
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