Your Banner Here

   [Show all top banners]
Back to: Kurakani General Refresh page to view new replies
 First time home buyer. I need your advise.
[VIEWED 5122 TIMES]
SAVE! for ease of future access.
Posted on 08-26-17 7:32 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I'm planning to buy a house in 2018. My parents wants to help me out by giving me $20,000 for the down payment, what are the things I need to be aware for the audit? What are the implications from borrowing the downpayment? And what are the things I need to worry about the bank transactions? What are the questions that they are going to ask since I'm borrowing money from my parents
 
Posted on 08-28-17 5:57 AM     [Snapshot: 311]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

does anyone have any idea?
 
Posted on 08-28-17 6:03 AM     [Snapshot: 317]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I think legally there are different processes for giving loans or even gifts. But as far as the institution giving credit, they will check your last 6 months transactions in your account and if everything looks fine they will not bother about anything. So if you want to buy in 6 months deposit the money from your parents to your account right now.

Different institutions may look at different number of months so you should check with your lender how many months bank transaction history they need from you.
 

Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 365 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
TPS Re-registration
What are your first memories of when Nepal Television Began?
निगुरो थाहा छ ??
ChatSansar.com Naya Nepal Chat
Basnet or Basnyat ??
Sajha has turned into MAGATs nest
NRN card pros and cons?
Toilet paper or water?
TPS EAD auto extended to June 2025 or just TPS?
Biden out, Trump next president, so what’s gonna happen to TPS, termination?
and it begins - on Day 1 Trump will begin operations to deport millions of undocumented immigrants
मन भित्र को पत्रै पत्र!
Will MAGA really start shooting people?
Democrats are so sure Trump will win
Tourist Visa - Seeking Suggestions and Guidance
From Trump “I will revoke TPS, and deport them back to their country.”
I hope all the fake Nepali refugee get deported
Anybody gotten the TPS EAD extension alert notice (i797) thing? online or via post?
Top 10 Anti-vaxxers Who Got Owned by COVID
Nas and The Bokas: Coming to a Night Club near you
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.
Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters