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Will A Down Payment Make A Good Wedding Gift?

Posted onJune 26/2015By

How many toasters does one couple need? The answer is probably one. If you have a close friend or family member who is tying the knot, you may be unsure what to get them. Nowadays, couples have been renting a home together for a few years prior to getting married. They already have toasters and other appliances so when it comes to setting up their registry people are choosing a different path: a down payment for their first home. It’s likely that you can’t pay for your friend’s dream house altogether, but you can get them one step closer to home ownership. This is called crowdsourcing or crowdfunding, and it’s becoming a less costly way to get newlyweds into their first home faster than before. Gifting a Down Payment: If your friends haven’t registered anywhere and are thinking of it, talk to them about how crowdsourcing can help bring them…

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