While I was reading all my morning news to stay on top of
mortgage and the home industry I came across something really interesting
thought I should share this idea because over and all its pretty good…
Since our generation of young couples tends to marry later
and not rush things and they typically even live together before getting
married, they usually accumulate everything inside a home prior to wedding.
What I am trying to say is that toaster and plates is not what they need for
wedding presents anymore. What they actually need is the Home it self on their
In order to help along that process Cash is a big factor, as
many of you know because there is always a down payment involved with taking
out a loan. Unless off course if you are doing a full on cash purchase and not
getting a mortgage approval.
For this reason many people have actually came up with a way
where friends and family can help them achieve this, they are calling it ““crowdsourcing” or “crowd funding” and
it’s being touted as a way to raise cash for just about anything — new
businesses, medical expenses, honeymoons, home improvement projects and real
estate down payments.”
Interesting concept so wanted to share with you guys. This idea
may actually offend some people from particular culture. Asking exactly what
you want for you wedding may not be common but look at the bright side the gift
will be used toward something they will live in for years and think of you..:)
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Some industry experts are saying that the housing market may be headin
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