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08-17-2008, 09:35 AM #1
Renter
- Join Date
- Aug 2008
- Posts
- 4
gift letter
what are the options to repay back a gift letter to a foreign family member? The gift was given to maintain adequate reserves when I bought a house. I had enough for the down payment but they want us to show enough reserves.
Also, we did take more then required as gifts since wanted to be ready for any last minute change in the lenders down payments requirements.
Now, we really don't need these funds, our resources are enough for the mortgage. How can we repay back these funds to our family members?
thanks!
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05-19-2012, 12:55 PM #2
Renter
- Join Date
- May 2012
- Posts
- 5
Writing gift notes is now a family ritual at Christmas and has disperse to birthdays and other special events. It is a exclusive and genuine way to attach deeply with those you love, and it is the kind of communication that buys ahead magnificent dividends.
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