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Why Must Gifts Be Documented?
May 7, 2001 "We don't think we will have the 20% down payment necessary to avoid mortgage insurance, but we can get money from various family members. Are there any restrictions on getting cash from family members?" ... more... How Do You Divide a Two-Family House Financially? July 23, 2001 "My family is looking to buy a two family house for $200,000 with another family. We have no cash but the other family will put 20% ($40,000) down for both of us. How do we divide up the mortgage payment and the ownership shares ... more... |
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atlanta multi family properties related definitions |
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Vacation Home
Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more... Second Home, Vacation Home Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more... |
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